Why is Himatsing. Seide falling/rising?

As of 09-Sep, Himatsingka Seide Ltd's stock price is currently at 124.85, reflecting a decrease of 3.45, or 2.69%. The stock has underperformed its sector today by 2.71%, touching an intraday low of Rs 124.15. Although the stock has shown a positive return of 5.76% over the past week, it has a year-to-date decline of 33.63%. The company's recent financial performance indicates a mixed picture; while profits have increased by 54.4% over the past year, the stock has generated a negative return of -11.55%. Additionally, the company has a high Debt to EBITDA ratio, indicating low ability to service debt, and institutional investor participation has decreased, suggesting a lack of confidence in the stock's long-term prospects.
In the broader market context, the Sensex has shown a modest gain of 1.18% over the past week, which highlights the underperformance of Himatsingka Seide Ltd relative to the benchmark. The stock's long-term performance has been below par, with negative returns over the past year and three years, further emphasizing its struggles compared to the broader market. The combination of weak long-term fundamentals, declining institutional interest, and recent poor financial results contributes to the stock's downward movement, indicating that investors may be cautious about its future growth potential.