Why is Hindware Home In falling/rising?

As of 13-Nov, Hindware Home Innovation Ltd is experiencing a decline in its stock price, currently at Rs 345.00, which reflects a decrease of Rs 14.35 or 3.99%. The stock has underperformed its sector by 3.44% today and has been on a downward trend for the last two days, resulting in a total decline of 8.44%. Over the past week, the stock has decreased by 5.97%, although it has shown a positive return of 26.70% year-to-date and 32.69% over the past year. Despite these longer-term gains, the recent performance is overshadowed by a high Debt to EBITDA ratio of 3.92 times, indicating a low ability to service debt, and a decrease in institutional investor participation, which has fallen by 0.84% in the previous quarter.
Broader market context reveals that while the stock has underperformed in the short term, it has outperformed the broader market over the past year, generating a return of 32.69% compared to the BSE500's 8.17%. However, the recent decline in stock price, coupled with a significant drop in trading volume near its intraday low, suggests that investor sentiment may be shifting negatively. The stock's current trading levels are below its shorter-term moving averages, indicating potential bearish momentum, despite its attractive valuation metrics and strong profit growth in the past year.