Why is Hitech Corp. falling/rising?

As of 08-Jul, Hitech Corporation Ltd's stock price is currently at 200.00, reflecting an increase of 2.9, or 1.47%. Today, the stock opened with a gain of 3.83% and reached an intraday high of Rs 207.25, outperforming its sector by 2.49%. However, despite this positive movement today, the stock has shown a decline of 1.60% over the past week and a significant drop of 16.32% year-to-date. The company has a low Debt to EBITDA ratio of 1.42, indicating a strong ability to service debt, and it is trading at a discount compared to its peers. Nonetheless, the stock has generated a negative return of -11.89% over the past year, with profits falling by 59.3%, and it has consistently underperformed against benchmarks over the last three years.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, while Hitech Corporation's stock has declined, indicating underperformance relative to the benchmark. The stock's performance over the last month is more favorable, with a return of 5.35% compared to the Sensex's 1.85%. However, the company's long-term growth prospects appear poor, as evidenced by a -4.45% annual growth rate in operating profit over the last five years and negative results for the last four consecutive quarters. This combination of short-term gains contrasted with long-term challenges contributes to the stock's mixed performance in the market.