Why is Hilton Met.Forg. falling/rising?

As of 07-Jul, Hilton Metal Forging Ltd is experiencing a decline in its stock price, currently at 62.00, reflecting a decrease of 0.9 or 1.43%. The stock has underperformed its sector by 0.64% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.17%. Over the past week, the stock has dropped by 5.70%, and its year-to-date performance shows a significant decrease of 36.95%. Although the company recently reported positive quarterly results, including the highest net sales and profit after four consecutive negative quarters, its long-term fundamentals remain weak, with a low return on capital employed and a high debt-to-EBITDA ratio, which may contribute to investor concerns.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, contrasting with Hilton Metal Forging's more substantial drop. The stock's performance over the past year has been notably poor, with a return of -29.81%, indicating that it has consistently underperformed compared to the benchmark indices. Additionally, the reduction in promoter confidence, as evidenced by a decrease in their stake, may further deter investors, suggesting a lack of faith in the company's future prospects. Overall, the combination of weak long-term fundamentals, declining investor participation, and underperformance relative to the market contributes to the stock's current downward trajectory.