Why is Hitech Corp. falling/rising?

As of 23-Jul, Hitech Corporation Ltd's stock price is currently at 204.30, reflecting a decrease of 2.95, or 1.42%. The stock has underperformed its sector today by 0.63%, having touched an intraday low of Rs 200.5, which is a decline of 3.26%. Over the past week, the stock has seen a significant drop of 5.50%, while it has gained 11.95% over the past month. However, year-to-date, it has fallen by 14.52%. The company has a low Debt to EBITDA ratio of 1.42 times, indicating a strong ability to service debt, but it has also reported negative results for the last four consecutive quarters, contributing to its recent price decline. Additionally, the stock's operating profit has decreased at an annual rate of 4.45% over the last five years, and its profits have fallen by 59.3% over the past year, which negatively impacts investor sentiment.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting with Hitech Corporation's significant decline. The stock's performance has consistently lagged behind the benchmark, with a return of -11.15% over the last year compared to the Sensex's gain of 2.86%. This consistent underperformance over the last three years has likely contributed to a decline in investor participation, as evidenced by a 44.22% drop in delivery volume against the five-day average. While the stock is trading at a discount compared to its peers' average historical valuations, the overall negative sentiment surrounding its financial performance and growth prospects continues to weigh heavily on its stock price.