Why is Hindustan Media falling/rising?

As of 08-Jul, Hindustan Media Ventures Ltd is experiencing a decline in its stock price, currently at 88.28, reflecting a decrease of 0.74 or 0.83%. The stock has been losing value for the last two days, with a total drop of 1.11% during this period. Although the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, it is below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 59.39% compared to the 5-day average. Over the past year, the stock has underperformed the market, showing a return of -11.75% compared to a 4.69% increase in the benchmark. While the company reported a substantial growth in net profit and positive results over the last three quarters, it also faces challenges such as operating losses and a weak ability to service its debt, which contribute to its negative sentiment.
In the broader market context, the stock's short-term performance has been lackluster compared to the Sensex, which has shown a slight increase of 0.02% over the past week. Despite the company's impressive profit growth of 152.36% and a high return on capital employed (ROCE), the negative EBITDA and poor EBIT to interest ratio indicate underlying financial weaknesses that may deter investors. Furthermore, the absence of domestic mutual fund investment suggests a lack of confidence in the stock's valuation and long-term prospects. Overall, these factors combined indicate that while there are some positive developments, the stock's recent performance is primarily influenced by its fundamental weaknesses and market sentiment.