Why is HMA Agro Inds. falling/rising?

As of 23-Jul, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at 30.50, which reflects a decrease of 0.13 or 0.42%. The stock has shown a negative performance trend, falling after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the stock has underperformed significantly over various periods, with a year-to-date return of -23.56% and a one-year return of -41.35%. The company's financial health is concerning, as it has reported a 46% drop in profits over the past year, alongside a weak long-term fundamental strength characterized by a -31.08% CAGR growth in operating profits over the last five years. Furthermore, a decrease in promoter stake by 1.98% suggests a lack of confidence in the company's future prospects.
In the broader market context, HMA Agro Industries Ltd's short-term performance has been notably worse than the benchmark, with a one-week return of -0.49% compared to the Sensex's +0.11%. This underperformance is compounded by a significant drop in investor participation, as evidenced by a 29.01% decline in delivery volume against the 5-day average. While the stock is trading at a discount compared to its peers, the overall negative sentiment surrounding its profitability and growth prospects continues to weigh heavily on its price movement.