Why is Hindustan Copper falling/rising?

As of 08-Aug, Hindustan Copper Ltd is experiencing a decline in its stock price, currently at Rs 237.30, reflecting a decrease of Rs 3.9 or 1.62%. The stock has underperformed its sector by 0.62% today and has been on a downward trend for the last three days, accumulating a total loss of 3.81% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The recent delivery volume has also decreased significantly, falling by 38.55% against the 5-day average, suggesting reduced investor participation. Despite these challenges, the company demonstrates a strong ability to service its debt with a low Debt to EBITDA ratio of 0.65 times and has shown healthy long-term growth in net sales and operating profit.
In the broader market context, Hindustan Copper's performance over the past week shows a slight decline of 0.02%, which is better than the benchmark Sensex's decline of 0.92%. However, over the past month, the stock has fallen by 13.49%, significantly underperforming the Sensex, which has only decreased by 4.60%. Year-to-date, Hindustan Copper is down 4.28%, while the Sensex has gained 2.20%. This stark contrast in performance highlights the stock's struggles relative to the broader market, despite its strong fundamentals and growth potential.