Why is Hindustan Motors falling/rising?

As of 07-Jul, Hindustan Motors Ltd's stock price is currently at 28.19, reflecting a decline of 0.62, or 2.15%. The stock has underperformed its sector today by 1.74% and has experienced consecutive falls over the last two days, totaling a decline of 2.42%. In terms of returns, the stock has shown a negative performance of 9.24% over the past month and 14.60% over the past year, significantly underperforming the benchmark Sensex, which has gained 1.53% and 4.31% respectively in the same periods. The company is facing substantial challenges, including a high Debt to EBITDA ratio of -1.00 times, reported losses, and negative net worth, which raises concerns about its ability to service debt. Additionally, the stock's liquidity is relatively low, and domestic mutual funds hold only a minimal stake, indicating a lack of confidence in the company's prospects.
In the broader market context, the stock's short-term performance has been notably poor compared to the benchmark, with a 1-week return of -3.62% against the Sensex's slight decline of 0.20%. This underperformance is compounded by the company's negative financial results, including a complete fall in net sales and a significant drop in profits over the past year. The overall market has shown resilience, with a positive return of 6.79% year-to-date, contrasting sharply with Hindustan Motors' decline of 1.09%. The combination of these factors suggests that investor sentiment is currently negative towards Hindustan Motors, contributing to its falling stock price.