Why is Hilton Met.Forg. falling/rising?

As of 24-Jun, Hilton Metal Forging Ltd's stock price is currently at Rs 68.96, reflecting a decrease of Rs 3.62 or 4.99%. Today's performance indicates that the stock has underperformed its sector by 5.29%, with an intraday low matching the current price. The stock has shown high volatility today, with an intraday fluctuation of 5.29%. Over the past week, the stock has declined by 10.56%, and it has significantly underperformed the market over the last year, with a return of -35.25% compared to the Sensex's gain of 6.10%. Although the company recently reported positive quarterly results, including the highest net sales and profit after tax in recent quarters, its long-term fundamentals remain weak, highlighted by a low return on capital employed and a high debt-to-EBITDA ratio, which may deter investor confidence.
Broader market context indicates that while the overall market has shown resilience, with the Sensex gaining 0.58% over the past week, Hilton Metal Forging Ltd's performance has been notably poor, with a year-to-date decline of 29.87%. The company's recent struggles, including a decrease in promoter stake, suggest a lack of confidence in its future prospects, further contributing to its stock price decline. Despite a significant increase in delivery volume, the overall sentiment remains negative, as the stock continues to trade below its moving averages, indicating a bearish trend in the short term.