Why is Hittco Tools falling/rising?

As of 12-Jun, Hittco Tools Ltd is currently priced at 13.50, reflecting a decline of 0.69, or 4.86%. Despite a recent performance where the stock has outperformed the benchmark Sensex over the past week and month, it has underperformed its sector by 3.2% today. The stock is trading above its moving averages across various time frames, indicating some positive momentum. However, the company faces significant challenges, including weak long-term fundamental strength with a low Return on Capital Employed (ROCE) of 6.88%, poor growth in net sales and operating profit, and a high Debt to EBITDA ratio of 3.18 times. These factors contribute to a perception of risk, especially given the negative operating profits and a substantial drop in profits over the past year.
In the broader market context, Hittco Tools has shown a 3.85% increase over the past week compared to a modest 0.31% rise in the Sensex, indicating some relative strength. However, the stock's year-to-date performance is flat at 0.00%, contrasting with the Sensex's gain of 4.55%. This divergence suggests that while the stock has had some short-term gains, the overall market sentiment may not be favorable, particularly given the company's weak fundamentals and recent flat results. The combination of these factors likely contributes to the stock's current decline.