Why is HMA Agro Inds. falling/rising?

As of 25-Jul, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at 30.48, with a change of -0.12, representing a decrease of 0.39%. The stock has underperformed in the long term, showing a significant drop of 43.61% over the past year, while its profits have decreased by 46%. Despite a slight outperformance against its sector today by 0.76%, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, the company's return on capital employed is low at 6.72%, and its high debt to EBITDA ratio of 3.73 suggests challenges in servicing debt, contributing to negative sentiment around the stock.
In the broader market context, HMA Agro's short-term performance has been relatively better than the benchmark, with a 1-week return of 0.73% compared to the Sensex's decline of 0.36%. However, the overall performance remains concerning, as the stock has consistently underperformed the BSE500 over various time frames, including the last three years and one year. The reduction in promoter stake by 1.98% may also indicate a lack of confidence in the company's future prospects, further impacting investor sentiment negatively.