Why is Hilton Met.Forg. falling/rising?

As of 25-Jun, Hilton Metal Forging Ltd's stock price is currently at 68.50, reflecting a decrease of 0.46, or 0.67%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.62%. Additionally, it is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has experienced a significant drop of 9.87%, while its year-to-date performance shows a decline of 30.34%. Despite the recent positive quarterly results, including the highest net sales and profit after four negative quarters, the stock's long-term fundamentals remain weak, with a low return on capital employed and a high debt-to-EBITDA ratio, contributing to investor concerns.
In the broader market context, Hilton Metal Forging Ltd has significantly underperformed compared to the benchmark Sensex, which has gained 1.61% over the past week and 5.91% year-to-date. The company's declining stock price is compounded by reduced promoter confidence, as they have decreased their stake by 0.92%, signaling a lack of faith in the company's future prospects. Furthermore, the stock's liquidity is adequate for trading, but the falling delivery volume suggests diminishing investor interest. Overall, the combination of weak fundamentals, negative sentiment from stakeholders, and poor relative performance against the market has led to the stock's current downward trajectory.