Why is Hilton Met.Forg. falling/rising?

As of 29-Aug, Hilton Metal Forging Ltd's stock price is currently at Rs. 51.25, reflecting a decrease of Rs. 0.4 or 0.77%. The stock has hit a new 52-week low of Rs. 50.2 today and has been on a downward trend, losing 14.7% over the past 10 days. In terms of performance, the stock has underperformed significantly, with a 1-year return of -38.99%, while its profits have only increased by 3.4%. Furthermore, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The recent decrease in promoter stake by 19.68% also raises concerns about confidence in the company's future.
In the broader market context, Hilton Metal Forging Ltd has underperformed the Sensex, which has seen a decline of only 1.84% over the past week and a modest increase of 2.14% year-to-date. The stock's performance contrasts sharply with the benchmark, as it has dropped 6.73% in the last week and 15.80% in the last month. This stark difference highlights the company's struggles relative to the overall market, further compounded by its weak long-term fundamentals, including a high Debt to EBITDA ratio and poor growth metrics. The combination of these factors suggests a challenging environment for Hilton Metal Forging Ltd, contributing to its declining stock price.