Why is GE Power falling/rising?

As of 24-Jul, GE Power India Ltd's stock price is currently at Rs 290.00, reflecting a decrease of Rs 7.8 or 2.62%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.56% during this period. The stock's performance over the past week shows a decline of 5.89%, and it has significantly underperformed the benchmark Sensex, which has only decreased by 0.09%. Key financial indicators reveal troubling trends, including a substantial operating loss and a negative EBITDA, which contribute to a weak long-term fundamental strength. The company's net sales and profit after tax have also fallen sharply compared to previous quarters, indicating declining profitability and investor confidence. Furthermore, institutional investors have reduced their stakes, suggesting a lack of confidence in the company's future performance.
Broader market context indicates that while the overall market has seen a slight increase of 0.99% over the past year, GE Power has drastically underperformed with a staggering decline of 37.88%. This stark contrast highlights the company's struggles relative to the broader market, which has generated positive returns. The stock's liquidity remains adequate for trading, but falling delivery volumes and a higher debt-to-EBITDA ratio raise concerns about its financial health. Overall, the combination of poor financial results, reduced institutional interest, and significant underperformance against market benchmarks contributes to the stock's downward trajectory.