Why is Hindustan Motors falling/rising?

As of 15-Sep, Hindustan Motors Ltd's stock price is currently at 24.56, reflecting an increase of 1.01 or 4.29%. Today, the stock has shown a positive trend, gaining after four consecutive days of decline, and opened with a significant gap up of 5.22%. It reached an intraday high of Rs 24.78. Despite this short-term uptick, the stock's long-term performance remains concerning, with a year-to-date decline of 13.82% and a one-year drop of 16.63%. The company has reported negative results for the last three consecutive quarters, with a high Debt to EBITDA ratio indicating low ability to service debt, which raises concerns among investors. Additionally, the stock has underperformed relative to the broader market, as evidenced by its negative returns compared to the Sensex over various periods.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has gained 1.24% over the past week, while Hindustan Motors has increased by 0.41%. However, the stock's long-term outlook is less favorable, with a significant underperformance compared to the benchmark indices over the past year and three years. The falling investor participation, as indicated by a decrease in delivery volume, suggests a lack of confidence among traders, further complicating the stock's recovery. Overall, while there is a temporary rise in price, the underlying financial issues and market sentiment indicate that the stock remains under pressure.