Why is GE Power falling/rising?

As of 25-Jul, GE Power India Ltd is experiencing a decline in its stock price, currently at Rs 284.40, which reflects a decrease of Rs 5.6 or 1.93%. The stock has underperformed its sector by 0.43% today and has been on a consecutive downward trend for the last three days, resulting in a total decline of 6.7% during this period. Over the past week, the stock has dropped by 5.83%, and year-to-date, it has fallen by 25.20%. The company's recent financial performance has been concerning, with a significant operating loss and a negative profit after tax of Rs -54.51 crore, indicating a troubling financial situation. Additionally, the stock's high debt to EBITDA ratio and low return on equity further highlight its weak long-term fundamental strength.
In the broader market context, while the BSE500 index has seen a slight decline of 0.19% over the past year, GE Power's stock has significantly underperformed with a staggering drop of 41.98%. This stark contrast suggests that investor sentiment towards GE Power is particularly negative, compounded by a decrease in institutional investor participation, which fell by 0.94% in the last quarter. The stock's liquidity remains adequate for trading, but the overall market conditions and the company's financial struggles have contributed to its recent price decline.