Why is Hindware Home In falling/rising?

As of 30-Jul, Hindware Home Innovation Ltd is currently priced at 259.55, reflecting an increase of 2.05 (0.8%). The stock has been gaining for the last two days, with a return of 1.13% during this period. However, it opened the day with a loss of 2.52% and touched an intraday low of Rs 246, indicating volatility. Over the past week, the stock has declined by 1.91%, and it has significantly underperformed the market, with a one-year return of -39.90% compared to the Sensex's slight increase of 0.03%. The company has faced challenges, including a high debt-to-EBITDA ratio of 3.42 times and negative results for the last 12 consecutive quarters, which have contributed to a weak long-term fundamental strength.
Broader Market Context: In the context of the broader market, Hindware Home Innovation Ltd's performance has been notably poor, with a one-year decline of -39.90%, contrasting sharply with the Sensex's modest gain of 0.03%. This underperformance is further highlighted by the stock's negative returns over various periods, including a -11.04% return over the last month, while the benchmark has only fallen by 2.54%. The stock's liquidity appears adequate, but the falling investor participation, as evidenced by a 35.86% drop in delivery volume, suggests a lack of confidence among investors, which may be influencing the stock's recent price movements.