Why is Hilton Met.Forg. falling/rising?

As of 01-Jul, Hilton Metal Forging Ltd is experiencing a decline in its stock price, currently at Rs 64.00, which represents a decrease of Rs 1.75 or 2.66%. The stock has been underperforming significantly, having fallen for the last six consecutive days, resulting in a total decline of 11.82% during this period. Additionally, the stock has underperformed its sector by 1.47% today and is trading below all its moving averages. The company's recent financial performance shows a mixed picture; while it reported its highest net sales and profits in the last quarter, it has also seen a decline in profits over the past year and has weak long-term fundamental strength, indicated by a low Return on Capital Employed (ROCE) and high debt levels. Furthermore, a reduction in promoter confidence, with a decrease in their stake, may also be contributing to the stock's downward pressure.
In the broader market context, Hilton Metal Forging Ltd has significantly underperformed compared to the benchmark Sensex, which has gained 2.00% over the past week and 2.76% over the past month, while Hilton's stock has dropped 7.19% and 15.57% respectively. This stark contrast highlights the stock's struggles in a generally positive market environment. The company's weak long-term growth prospects and declining investor participation further exacerbate its challenges, leading to a lack of confidence among investors and contributing to the ongoing decline in its stock price.