Why is HMA Agro Inds. falling/rising?

As of 29-Aug, HMA Agro Industries Ltd is experiencing a decline in its stock price, currently at 29.95, which reflects a decrease of 0.26 or 0.86%. The stock has underperformed its sector by 1.25% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 5.16% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -40.82%, while its profits have increased by 49%, indicating a disparity between stock performance and profitability. However, the company has shown poor long-term growth, with operating profit declining at an annual rate of -32.57% over the last five years, and recent quarterly results have also been disappointing, with significant declines in profit before tax, profit after tax, and net sales compared to previous quarters.
In the broader market context, HMA Agro Industries Ltd's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.62% compared to the Sensex's -1.84%. This underperformance is compounded by a reduction in promoter confidence, as they have decreased their stake in the company by 1.98% in the previous quarter, which may signal a lack of faith in the company's future prospects. The stock's liquidity is adequate for trading, but the significant drop in delivery volume suggests waning investor interest. Overall, the combination of poor recent performance, declining investor participation, and negative sentiment surrounding the company's growth prospects contributes to the stock's current downward trajectory.