Why is Hindustan Motors falling/rising?

As of 04-Aug, Hindustan Motors Ltd is experiencing a price increase, currently at 23.86, reflecting a change of 0.79 or 3.42% upward. Today's price summary indicates that the stock has outperformed its sector by 2.55% and has shown a trend reversal after three consecutive days of decline. Despite this positive movement, the stock's performance over the past week is down by 0.58%, and it has seen a significant decline of 17.18% over the past month. The company faces challenges, including a high Debt to EBITDA ratio of -1.00 times and reported losses, which contribute to a negative outlook. Additionally, the company has declared negative results for the last two consecutive quarters, with a fall in net sales of -100%, indicating serious financial distress.
In the broader market context, while Hindustan Motors has outperformed its sector today, its longer-term performance remains concerning, with a year-to-date decline of 16.28% compared to a 3.69% increase in the benchmark index. The stock has underperformed the BSE500 over the last three years, one year, and three months, highlighting its poor long-term growth prospects. The recent uptick in price may be attributed to rising investor participation, as evidenced by a 24.68% increase in delivery volume, but the overall financial health of the company, characterized by negative EBITDA and a declining profit trend, poses significant risks for investors.