Why is Hindustan Motors falling/rising?

As of 21-Jul, Hindustan Motors Ltd is experiencing a decline in its stock price, currently at Rs 23.16, which represents a decrease of 1.21 (-4.97%). The stock has been underperforming significantly, with a consecutive fall over the last four days resulting in a total decline of 16.66%. In terms of returns, the stock has dropped by 16.36% over the past week and 23.29% over the past month, while it has also reported negative results for the last two consecutive quarters, including a drastic fall in net sales. The company's financial health is concerning, highlighted by a high Debt to EBITDA ratio and negative net worth, which further exacerbates investor sentiment and contributes to the stock's downward trend.
In the broader market context, Hindustan Motors has underperformed compared to the Sensex, which has only seen a slight decline of 0.06% over the past week. The stock's performance is particularly troubling as it has generated a return of -23.29% over the last year, contrasting sharply with the Sensex's positive return of 1.98% during the same period. This stark difference indicates that while the overall market may be stabilizing, Hindustan Motors is facing significant challenges that are leading to its continued decline, making it a risky investment at this time.