Why is Hind Aluminium falling/rising?

As of 14-Jul, Hind Aluminium Industries Ltd is experiencing a decline in its stock price, currently at Rs 67.00, which represents a decrease of 1.5 or 2.19%. The stock has underperformed its sector by 1.65% today, touching an intraday low of Rs 67. The company is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 13.81% against the 5-day average. The stock's performance over the past week shows a decline of 1.63%, and over the past month, it has decreased by 3.14%, contrasting with the Sensex, which has gained 1.40% in the same period. The company is facing significant challenges, including operating losses and a weak ability to service its debt, which has contributed to its negative return on capital employed (ROCE).
In the broader market context, while the Sensex has shown a positive return of 5.27% year-to-date, Hind Aluminium's year-to-date performance is a decline of 9.09%. This stark contrast highlights the stock's struggles relative to the overall market. The company's financial health is concerning, with a negative EBITDA and a reported 38.40% decline in profit after tax over the latest six months. These factors, combined with the stock's risky trading status compared to historical valuations, suggest that investors are wary, leading to the current downward pressure on the stock price.