Why is Hindoo. Mills falling/rising?

As of 11-Aug, Hindoostan Mills Ltd is experiencing a decline in its stock price, currently at Rs 191.10, which reflects a decrease of Rs 4.5 or 2.3%. The stock has underperformed its sector by 1.71% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 187.05, indicating a significant drop of 4.37%. Over the past week, the stock has shown a return of +3.86%, but it has consistently underperformed against the benchmark, with a year-to-date return of -10.87% compared to the Sensex's +3.15%. The company is facing challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -6.86. Additionally, the stock has reported negative returns on capital employed (ROCE) and has seen a substantial decline in net sales and profits over the past year.
In the broader market context, while the stock has shown some short-term recovery, it remains significantly behind the benchmark indices over longer periods, with a three-year return of -27.87% compared to the Sensex's +35.85%. The stock's liquidity appears adequate for trading, but there is a notable decrease in investor participation, with delivery volume falling by 38.78% against the five-day average. This consistent underperformance and the company's financial difficulties contribute to a perception of risk, leading to a bearish outlook among investors.