Why is Hindware Home In falling/rising?

As of 11-Jul, Hindware Home Innovation Ltd's stock price is currently at Rs 270.40, reflecting a decrease of Rs 5.3 or 1.92%. The stock has been on a downward trend, having underperformed its sector by 0.8% today and experiencing a consecutive fall for the last six days, resulting in a total decline of 7.46% during this period. Despite opening with a gain of 2.29% today and reaching an intraday high of Rs 282, the stock also touched a low of Rs 268.25. Over the past year, the stock has significantly underperformed, with a return of -39.35%, while its profits have plummeted by 201.6%. The company's weak long-term fundamentals, indicated by a -13.47% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.42 times, further contribute to the negative sentiment surrounding the stock.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with a 1-week return of -6.44% compared to the Sensex's -1.12%. This trend of underperformance continues over longer periods, as evidenced by a 1-year return of -39.35% against the Sensex's 3.26%. While the stock is trading at a discount compared to its peers' average historical valuations, the persistent negative results over the last 12 quarters and the low ability to service debt have led to a lack of investor confidence, contributing to the stock's decline.