Why is Hilton Met.Forg. falling/rising?

As of 28-Jul, Hilton Metal Forging Ltd's stock price is currently at Rs 61.00, reflecting a decrease of Rs 1.5 or 2.4%. The stock has been on a downward trend, having underperformed its sector by 0.82% today and experiencing a consecutive fall over the last three days, resulting in a total decline of 5.51%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite reporting positive quarterly results in March 2025, including a significant growth in PAT and net sales, the stock has still seen a substantial decline of 28.14% over the past year, indicating ongoing challenges. The company's weak long-term fundamentals, including a low average return on capital employed and high debt levels, further contribute to investor concerns, leading to reduced promoter confidence as they have decreased their stake in the company.
In the broader market context, Hilton Metal Forging Ltd's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -6.07% against the Sensex's -1.59%. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 46.08% decline in delivery volume compared to the 5-day average. The company's inability to generate positive returns in both the short and long term, alongside a high debt-to-EBITDA ratio, suggests a lack of confidence among investors, which is reflected in the stock's current price movement.