Why is Hindware Home In falling/rising?

As of 18-Sep, Hindware Home Innovation Ltd is experiencing a decline in its stock price, currently at 328.20, reflecting a decrease of 3.75 points or 1.13%. The stock has been underperforming, having fallen consecutively for the last three days, with a total decline of 3.75%. In the context of recent performance, the stock has underperformed its sector by 0.29% today and has a one-week return of -3.70%. Although it has shown positive returns over the past month (+4.59%) and year-to-date (+20.53%), the stock's performance over the last three years has been significantly negative at -11.46%. The company has reported a healthy long-term growth in operating profit, but it also faces challenges such as a high Debt to EBITDA ratio of 3.42 times, which indicates a low ability to service debt, potentially impacting investor confidence.
Broader market context shows that while the Sensex has gained 1.80% in the past week, Hindware's performance has lagged behind, highlighting a disconnect between the stock and broader market trends. The stock's liquidity remains adequate for trading, but a notable decline in delivery volume suggests reduced investor participation, which may further contribute to the downward pressure on the stock price. Additionally, the low stake held by domestic mutual funds, at only 0.16%, may indicate a lack of confidence in the stock's current valuation, further exacerbating its recent price decline.