Why is Hindustan Motors falling/rising?

As of 26-Jun, Hindustan Motors Ltd is experiencing a decline in its stock price, currently at 28.91, reflecting a decrease of 0.14 or 0.48%. The stock has underperformed its sector today by 0.62% and has been on a consecutive downward trend for the last two days, resulting in a total return of -1.83% over this period. The stock's performance over the past week and month has also been negative, with returns of -0.89% and -1.83%, respectively. Additionally, the company has reported significant financial challenges, including a high Debt to EBITDA ratio of -1.00 times, negative net worth, and a complete fall in net sales, leading to very negative quarterly results. These factors contribute to a lack of investor confidence, as evidenced by a 33.16% drop in delivery volume compared to the five-day average.
In the broader market context, while the Sensex has shown a positive return of 2.94% over the past week and 1.92% over the past month, Hindustan Motors has notably lagged behind, indicating a significant underperformance relative to the market. The stock's one-year return of -13.39% starkly contrasts with the market's positive return of 6.46%, further highlighting its struggles. The low participation from domestic mutual funds, holding only 0.05% of the company, suggests a lack of confidence in its future prospects, which is compounded by the company's poor long-term growth and negative EBITDA. Overall, these factors illustrate why Hindustan Motors is currently facing downward pressure in its stock price.