Why is HFCL falling/rising?

As of 03-Jul, HFCL Ltd's stock price is currently at 84.50, reflecting a decrease of 1.15, or 1.34%. The stock has been on a downward trend, having underperformed its sector by 1.8% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 3.44%. Additionally, HFCL is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. The company's delivery volume has also significantly decreased, falling by 52.25% against the 5-day average, which suggests a decline in investor participation. Furthermore, the stock has generated a return of -28.90% over the past year, with profits plummeting by 46.2%, contributing to its negative performance.
In the broader market context, HFCL's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.44% compared to the Sensex's decline of only 0.62%. The company faces challenges such as poor long-term growth, with operating profit decreasing at an annual rate of -5.35% over the last five years, and negative results reported for the last two consecutive quarters. Additionally, a significant portion of promoter shares, 49.72%, are pledged, which can exert further downward pressure on the stock price in a declining market. Overall, these factors indicate a lack of confidence in HFCL's financial health and growth prospects, contributing to its current price decline.