Why is The Hi-Tech Gear falling/rising?

As of 18-Jul, The Hi-Tech Gears Ltd is currently priced at 680.00, with no change in price (0.00%). The stock has underperformed in the short term, with a return of -2.30% over the past week and a significant decline of -10.53% over the past month. Today's performance indicates that the stock has outperformed its sector by 1.09%, although it is trading lower than its 5-day, 20-day, and 200-day moving averages. The stock's recent performance is also impacted by a notable decrease in investor participation, with delivery volume falling by 37.54% compared to the 5-day average. Additionally, the company has reported a decline in profits of -16.9% over the past year, contributing to its overall negative return of -28.42% in the last year.
In the broader market context, the Sensex has shown a slight decline of -0.90% over the past week and a modest gain of +0.38% over the past month, indicating that the stock's short-term performance is lagging behind the benchmark. The Hi-Tech Gears Ltd's weak long-term fundamentals, including a low average Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio, further exacerbate its challenges. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation or business prospects. Overall, while the stock has shown some resilience today, its long-term performance and fundamental weaknesses continue to weigh heavily on investor sentiment.