Why is Hind.Construct. falling/rising?

As of 28-Aug, Hindustan Construction Company Ltd is experiencing a decline in its stock price, currently at 25.48, reflecting a decrease of 0.42 or 1.62%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 7.95% over the past week. Additionally, it is trading below all its moving averages, indicating a bearish trend. The company has reported significant negative returns over the past year, with a drop of 47.02%, while its profits have also plummeted by 389.6%. Despite some positive quarterly results, such as substantial growth in profit before tax and profit after tax, the overall financial health is concerning due to a high Debt to EBITDA ratio of 4.18 times and a negative return on equity, which suggests a low ability to service debt. Furthermore, the high percentage of pledged promoter shares adds to the downward pressure on the stock.
In the broader market context, Hindustan Construction Company Ltd has underperformed relative to the benchmark, with a one-year return of -47.02% compared to the BSE500's negative return of -5.01%. This stark contrast highlights the company's struggles in a challenging market environment. The stock's recent performance is further exacerbated by a significant drop in investor participation, as evidenced by a 44.85% decline in delivery volume against the five-day average. Overall, the combination of poor long-term growth, high debt levels, and underperformance relative to the market contributes to the stock's current downward trajectory.