Why is Hindustan Media falling/rising?

As of 17-Jul, Hindustan Media Ventures Ltd is currently priced at 89.64, reflecting a decrease of 0.9, or 0.99%. The stock has underperformed its sector today by 1.07% and has experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating some underlying strength. The company reported a significant growth in net profit of 152.36% and has declared positive results for the last three consecutive quarters, which could have contributed to investor interest. However, the company is facing challenges with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -5.55, which may be causing concern among investors.
In the broader market context, Hindustan Media's short-term return over the past week is +1.35%, while the benchmark Sensex has declined by 1.12%. This suggests that the stock has outperformed the market in the short term, despite its current price drop. However, the stock's year-to-date performance shows a decline of 1.87%, contrasting with the Sensex's gain of 5.27%, indicating a weaker long-term outlook. The lack of domestic mutual fund investment, which stands at 0%, may also reflect a lack of confidence in the stock's valuation or business fundamentals, further contributing to its recent price movement.