Why is Hiliks Technolog falling/rising?

As of 27-Jun, Hiliks Technologies Ltd is experiencing a decline in its stock price, currently at 58.12, which reflects a decrease of 1.18 or 1.99%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 9.26% over that period. Additionally, the stock's performance today has underperformed its sector by 2.08%. The delivery volume has also seen a significant drop of 62.04% compared to the five-day average, indicating a decrease in investor participation. The company's long-term fundamentals are weak, with a low return on equity of 3.40% and a high price-to-book value ratio, suggesting that the stock is trading at a premium compared to its peers.
In the broader market context, while the Sensex has gained 2.00% over the past week and 3.07% over the past month, Hiliks Technologies has seen a stark contrast with a 9.26% decline in the same one-week period. The stock has underperformed the market significantly over the past year, generating negative returns of 18.54% compared to the BSE 500's positive return of 4.10%. This underperformance, coupled with the company's flat financial results and poor growth prospects, contributes to the negative sentiment surrounding the stock, leading to its current downward trajectory.