Why is Hindustan Motors falling/rising?

As of 02-Jul, Hindustan Motors Ltd is experiencing a decline in its stock price, currently at 28.86, reflecting a change of -0.29 (-0.99%). The stock has underperformed its sector by 1.57% today and has been on a downward trend for the last three days, accumulating a total loss of 1.5% during this period. Over the past week, the stock has decreased by 0.65%, and it has shown a significant decline of 12.01% over the past month. The company has reported negative financial results, including a high Debt to EBITDA ratio of -1.00 times, negative net worth, and a complete fall in net sales, which has contributed to investor concerns. Additionally, the stock's liquidity appears to be decreasing, with a notable drop in delivery volume by 63.06% compared to the five-day average.
In the broader market context, while the Sensex has increased by 0.79% over the past week, Hindustan Motors has lagged significantly behind, indicating a stark contrast in performance. The stock has underperformed the market over the last year, generating a return of -13.26% compared to the BSE500's positive return of 3.11%. This underperformance, coupled with the company's reported losses and poor long-term growth prospects, suggests that investor confidence is waning, leading to the current decline in stock price.