Why is Hindprakash Indu falling/rising?

As of 18-Jul, Hindprakash Industries Ltd is currently priced at Rs 140.00, reflecting a decline of Rs 5.00 or 3.45%. The stock has underperformed its sector by 3.21% today and has experienced consecutive falls over the last two days, totaling a drop of 4.11%. In terms of returns, the stock has decreased by 4.83% over the past week and 16.67% over the past year, significantly underperforming the benchmark Sensex, which has only fallen by 0.90% in the same week and gained 0.51% over the past year. Although the company reported positive results for the quarter ending March 25, with a higher profit after tax and record net sales, it faces challenges such as weak long-term fundamental strength and a declining ability to service its debt, which negatively impacts investor sentiment.
Broader market context indicates that while the stock has shown a slight increase of 1.67% over the past month, it still lags behind the Sensex, which has gained 0.38% in the same period. The stock's performance is further hindered by a significant drop in delivery volume, which has decreased by 27.09% compared to the five-day average, indicating falling investor participation. The company's weak return on equity and negative growth in operating profits over the last five years contribute to a lack of confidence among investors, leading to the stock's current downward trend.