Why is Hind.Natl.Glass falling/rising?

As of 30-Jun, Hindusthan National Glass & Industries Ltd is experiencing a decline in its stock price, currently at 17.35, which reflects a decrease of 0.89 or 4.88%. The stock has underperformed significantly today, falling short of its sector by 7.77%. Over the past week, the stock has dropped by 4.88%, while its performance over the last year shows a substantial decline of 27.35%. The company has been facing challenges, including a negative book value and poor long-term growth, with net sales decreasing at an annual rate of 4.49% and operating profit declining by 26.19% over the last five years. Additionally, the stock has not traded on four out of the last twenty days, indicating erratic trading behavior, and there has been a notable drop in investor participation, with delivery volume falling by 89.69% against the five-day average.
In the broader market context, the Sensex has gained 2.09% over the past week, contrasting sharply with Hindusthan National Glass's decline. This underperformance is further highlighted by the stock's negative returns in both the short and long term, where it has lagged behind the BSE 500 index. The company's financial struggles are compounded by a high debt-to-equity ratio and a significant percentage of promoter shares being pledged, which adds downward pressure on the stock price in a falling market. Overall, the combination of weak fundamentals, poor recent performance, and negative market sentiment contributes to the stock's current downward trajectory.