Why is Hilton Met.Forg. falling/rising?

As of 26-Jun, Hilton Metal Forging Ltd's stock price is currently at 67.65, reflecting a decrease of 0.85, or 1.24%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.79% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has recently reported positive quarterly results, with net sales and profits reaching their highest levels in four quarters, yet the overall performance over the past year shows a significant decline of 32.42%. Factors contributing to this downturn include weak long-term fundamentals, a high debt-to-EBITDA ratio, and a reduction in promoter confidence, as they have decreased their stake in the company.
Broader market context reveals that Hilton Metal Forging Ltd has significantly underperformed compared to the benchmark, with a 1-week return of -5.99% against the Sensex's gain of 2.94%. Over the past year, while the broader market has generated a return of 6.46%, Hilton's stock has declined by 32.42%. This stark contrast highlights the challenges the company faces in regaining investor confidence and improving its market position, especially in light of its recent negative performance and the broader market's positive trajectory.