Why is Hitech Corp. falling/rising?

As of 11-Jul, Hitech Corporation Ltd is experiencing a decline in its stock price, currently at 203.10, which reflects a decrease of 4.9 points or 2.36%. Today's price summary indicates that the stock has underperformed its sector by 1.35% and opened with a significant loss of 3.82%. After three consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs 200. Over the past week, the stock has decreased by 3.29%, while it has shown a modest increase of 4.69% over the past month. However, the stock's year-to-date performance is concerning, with a decline of 15.02%, and it has consistently underperformed against the benchmark over the last three years. The company's negative results over the last four quarters and a significant drop in profits by 59.3% have contributed to this downward trend.
In the broader market context, the Sensex has shown a slight decline of 1.12% over the past week, indicating that the market is experiencing some volatility. However, Hitech Corporation's performance is notably worse, highlighting its struggles relative to the benchmark. The company's long-term growth prospects appear poor, with an annual operating profit decline of 4.45% over the last five years. Despite having a low Debt to EBITDA ratio and attractive valuation metrics, the consistent underperformance against the benchmark and negative quarterly results have led to a lack of investor confidence, further exacerbating the stock's decline.