Why is HMA Agro Inds. falling/rising?

As of 14-Jul, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at 30.25, which reflects a decrease of 0.2 or 0.66%. The stock has underperformed its sector by 0.3% today and has been on a consecutive downward trend for the last two days, resulting in a total return of -0.82% over the past week. Additionally, the stock has significantly underperformed in the longer term, with a year-to-date decline of 24.19% and a staggering 42.49% drop over the past year. The company's weak financial fundamentals, highlighted by a -31.08% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.73 times, contribute to the negative sentiment surrounding the stock. Furthermore, the recent decrease in promoter stake by 1.98% may indicate a lack of confidence in the company's future prospects.
In the broader market context, HMA Agro Industries Ltd's short-term performance of -0.82% over the past week contrasts with the Sensex, which has declined by 1.42% in the same period, suggesting that the stock is faring slightly better than the overall market. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 index over the last three years, one year, and three months. The company's current valuation appears attractive with a ROCE of 6.7, but the significant drop in profits by 46% over the past year raises questions about its sustainability. Overall, the combination of weak financial performance, declining investor participation, and reduced promoter confidence is driving the stock's downward trajectory.