Why is Hind.Adhesive falling/rising?

As of 20-Jun, Hindustan Adhesives Ltd is currently priced at 329.50, reflecting a decrease of 5.5, or 1.64%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.92%. Despite opening with a gain of 2.67% today and reaching an intraday high of Rs 344.3, it has traded lower than all key moving averages and has shown a significant drop in delivery volume, down by 54.62% against the 5-day average. Over the past year, the stock has generated a return of -13.40%, while its profits have increased by 15.9%. However, the high Debt to EBITDA ratio of 2.55 times indicates a low ability to service debt, contributing to negative sentiment around the stock. In the broader market context, Hindustan Adhesives Ltd has significantly underperformed compared to the Sensex, which has gained 1.59% over the past week, while the stock has declined by 11.14%. This trend of underperformance is evident over multiple periods, including a year-to-date return of -19.81% compared to the Sensex's 5.46%. The company's flat long-term growth, with net sales growing at an annual rate of only 12.43% over the last five years, further exacerbates concerns among investors. Overall, the combination of poor short-term performance, high debt levels, and lackluster growth prospects has led to a negative outlook for Hindustan Adhesives Ltd.