Why is Hilton Met.Forg. falling/rising?

As of 01-Sep, Hilton Metal Forging Ltd's stock price is currently at Rs 52.40, reflecting an increase of Rs 1.15 or 2.24%. The stock has recently shown a trend reversal, gaining after ten consecutive days of decline. Despite this uptick, it remains 4.2% away from its 52-week low and is trading below all key moving averages, indicating ongoing weakness. Over the past week, the stock has underperformed the benchmark Sensex, with a decline of 3.39% compared to the Sensex's 1.56% drop. Additionally, the stock has generated a significant negative return of -42.73% over the past year, despite a slight profit increase of 3.4%, suggesting that while profits are rising, the overall market sentiment remains bearish.
In the broader market context, Hilton Metal Forging Ltd's performance has been notably poor, particularly in the long term, where it has underperformed the BSE500 index over various time frames. The company's fundamentals are concerning, highlighted by a weak long-term growth rate and a high Debt to EBITDA ratio, which raises questions about its ability to service debt. Furthermore, a significant reduction in promoter stake by 19.68% signals a lack of confidence in the company's future prospects. This combination of factors contributes to a challenging environment for the stock, despite today's positive movement.