Why is Hindustan Motors falling/rising?

As of 10-Jul, Hindustan Motors Ltd's stock price is currently at 27.93, reflecting a decrease of 0.08, or 0.29%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 3.32% over that period. Additionally, the stock has shown a significant drop of 15.29% over the past month, while it has underperformed the market over the last year with a decline of 15.26% compared to the Sensex's gain of 4.09%. The company's financial health is concerning, as it has reported losses and a negative net worth, coupled with a high Debt to EBITDA ratio of -1.00 times, indicating a low ability to service its debt. The recent negative results, including a 100% fall in net sales and the lowest recorded profits, further exacerbate the stock's downward trend.
In the broader market context, while the Sensex has remained relatively stable with a slight decline of 0.06% over the past week, Hindustan Motors has significantly lagged behind, showcasing a stark contrast in performance. The stock's recent decline is compounded by a notable decrease in investor participation, with delivery volumes dropping by 39.5% against the five-day average. This lack of confidence from investors, alongside the company's poor long-term growth prospects and minimal interest from domestic mutual funds, suggests a challenging environment for the stock. Overall, the combination of negative financial indicators and underperformance relative to the market contributes to the stock's current downward trajectory.