Why is GE Power falling/rising?

As of 11-Jul, GE Power India Ltd is currently priced at 332.90, reflecting an increase of 7.65 or 2.35%. The stock has shown a strong performance today, outperforming its sector by 3.6% and reaching an intraday high of Rs 335, which is a 3% increase. Over the past week, the stock has gained 6.04%, while its performance over the last month is relatively flat at 0.06%. However, despite this short-term uptick, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of -1.00 times, indicating weak long-term fundamental strength. Additionally, the stock has underperformed over the past year with a decline of 47.62%, while institutional investors have reduced their stakes, reflecting a lack of confidence in the company's prospects.
In the broader market context, while the Sensex has experienced a slight decline of 1.12% over the past week, GE Power's recent rise contrasts sharply with its long-term performance, where it has significantly lagged behind the benchmark, which has gained 5.58% year-to-date. The stock's liquidity remains adequate for trading, but a notable decrease in delivery volume by 55.92% against the 5-day average suggests waning investor interest. Overall, while the stock's short-term movement is positive, the underlying financial issues and declining institutional participation indicate a precarious position for GE Power India Ltd in the market.