Why is Hindustan Motors falling/rising?

As of 01-Aug, Hindustan Motors Ltd is experiencing a decline in its stock price, currently at 23.20, reflecting a decrease of 0.22, or 0.94%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 4.05% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance. Over the past week, Hindustan Motors has underperformed the Sensex, with a return of -1.69% compared to the benchmark's -1.06%. The company has reported significant financial challenges, including a high Debt to EBITDA ratio and consecutive quarters of negative results, which have contributed to a poor outlook for investors.
In the broader market context, the automobile sector, particularly passenger cars, has also faced a decline, with a drop of 2.04%. This sector-wide downturn may be influencing investor sentiment towards Hindustan Motors. The company's delivery volume has decreased by 29.09% against the 5-day average, indicating falling investor participation. Furthermore, the stock's long-term performance has been lackluster, with a 36.09% decline over the past year, contrasting sharply with the Sensex's positive return of 3.15% year-to-date. Overall, the combination of poor financial health, negative sales results, and a struggling sector is contributing to the stock's downward trajectory.