Why is Hindustan Motors falling/rising?

As of 18-Aug, Hindustan Motors Ltd's stock price is currently at 22.75, reflecting an increase of 0.14 or 0.62%. Despite this slight uptick, the stock has underperformed its sector by 4.52% today and has been trading below its moving averages across various time frames. Over the past week, the stock has declined by 1.09%, and it has seen a significant drop of 20.18% year-to-date. The company has reported negative results for the last three consecutive quarters, with a high Debt to EBITDA ratio indicating a low ability to service debt. This financial instability, coupled with a negative net worth and poor long-term growth prospects, contributes to a bearish outlook for the stock.
In the broader market context, while the Sensex has gained 0.83% over the past week, Hindustan Motors has lagged behind, reflecting a broader trend of underperformance compared to the benchmark. The automobile sector, specifically passenger cars, has seen a gain of 5.08%, indicating a positive sentiment in the market that Hindustan Motors is not capitalizing on. Additionally, despite a rise in investor participation with increased delivery volume, the overall negative financial indicators and recent performance trends suggest that the stock's recent price movement is not indicative of a sustainable recovery.