Why is GE Power falling/rising?

As of 10-Jun, GE Power India Ltd's stock price is currently at Rs 329.10, reflecting a significant increase of Rs 53.55, or 19.43%. The stock has outperformed its sector by 19.53% today and has shown a consecutive gain over the last two days, accumulating a total return of 19.67% during this period. Despite this positive movement, the company is facing challenges, including operating losses and a weak long-term fundamental strength, as indicated by a high Debt to EBITDA ratio and a low Return on Equity. The recent financial results have also been disappointing, with a negative PAT and a decline in net sales compared to previous quarters, which could be contributing to a cautious outlook among investors.
In the broader market context, GE Power's short-term performance has significantly outpaced the benchmark Sensex, which has only risen by 2.05% over the past week, while GE Power has gained 16.68%. However, the stock's year-to-date performance remains negative at -13.44%, contrasting with the Sensex's positive return of 5.44%. This divergence highlights the stock's volatility and the mixed sentiment surrounding its fundamentals, particularly as institutional investors have reduced their stakes, indicating a lack of confidence in the company's long-term prospects.