Why is Hilton Met.Forg. falling/rising?

As of 02-Jul, Hilton Metal Forging Ltd's stock is currently priced at Rs 62.60, reflecting a decline of Rs 1.4 or 2.19%. The stock has been underperforming significantly, having fallen consecutively for the last seven days, resulting in a total drop of 13.75% during this period. Today's performance shows that the stock has underperformed its sector by 3.26%, and it reached an intraday low of Rs 60.98. Over the past week, the stock has decreased by 8.61%, and its year-to-date performance is down by 36.34%. Although the company reported positive quarterly results in March 2025, including the highest net sales and profit after four consecutive negative quarters, the overall sentiment remains weak due to long-term fundamental concerns, such as a low return on capital employed and a high debt-to-EBITDA ratio.
Broader market context indicates that while the Sensex has gained 0.79% over the past week, Hilton Metal Forging Ltd has significantly lagged behind, highlighting its struggles in the current market environment. The stock's performance over the last year shows a decline of 23.06%, contrasting sharply with the broader market's positive return of 3.11%. Additionally, the reduction in promoter confidence, as evidenced by a decrease in their stake, further exacerbates the stock's negative outlook. Overall, the combination of poor short-term performance, weak long-term fundamentals, and declining investor confidence contributes to the stock's downward trajectory.