Why is Hindoo. Mills falling/rising?

As of 25-Aug, Hindoostan Mills Ltd is experiencing a decline in its stock price, currently at Rs 192.25, which reflects a decrease of Rs 1.7 or 0.88%. The stock has underperformed its sector by 0.72% today and has traded within a narrow range of Rs 1.25. Despite being higher than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The stock's performance over the past week shows a slight gain of 0.13%, but it has significantly underperformed over longer periods, with a year-to-date return of -10.33% and a one-year return of -37.38%. The company is facing operational challenges, including reported losses and a negative return on capital employed (ROCE), which contribute to its weak long-term fundamental strength.
In the broader market context, the Sensex has shown a positive return of 0.45% over the past week, contrasting with Hindoostan Mills' modest gain. The company has consistently underperformed against the benchmark over the last three years, indicating a troubling trend. The decline in investor participation, evidenced by a 35.77% drop in delivery volume, further exacerbates the stock's challenges. With a weak EBIT to interest ratio of -6.86 and significant operating losses, the stock is considered risky compared to its historical valuations, which likely contributes to the ongoing downward pressure on its price.