Why is Hindustan Motors falling/rising?

As of 09-Jul, Hindustan Motors Ltd's stock price is currently at 28.01, reflecting a decrease of 0.1, or 0.36%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.05% during this period. In terms of longer-term performance, the stock has shown a significant drop of 11.89% over the past month and 11.56% over the past year, while the benchmark Sensex has gained 1.32% and 3.96%, respectively. The company's financial health is concerning, as it has reported losses and negative net worth, compounded by a high Debt to EBITDA ratio of -1.00 times. This situation indicates a low ability to service debt, which is a critical factor for investors. Additionally, the stock's liquidity is relatively low, with a notable drop in delivery volume, suggesting waning investor interest.
Broader Market Context: In the context of the broader market, Hindustan Motors has significantly underperformed compared to the benchmark Sensex, which has shown positive returns over the same periods. While the Sensex has increased by 0.15% over the past week, Hindustan Motors has declined by 2.95%. This stark contrast highlights the challenges the company faces, including poor long-term growth prospects and negative earnings results, which have led to a lack of confidence among investors. The limited stake held by domestic mutual funds further underscores the market's cautious stance towards the stock, indicating that institutional investors may not find the current price attractive given the company's financial difficulties.