Why is GE Power falling/rising?

As of 29-Jul, GE Power India Ltd's stock price is currently at Rs 287.75, reflecting an increase of Rs 4.85 or 1.71%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and reached an intraday high of Rs 288.7. However, despite this short-term gain, the stock has underperformed significantly over the past year, with a return of -44.45%, compared to the benchmark Sensex's slight decline of -0.02%. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -2.73. Additionally, the recent quarterly results show a substantial drop in profit after tax and net sales, contributing to a perception of the stock as a strong sell.
In the broader market context, while the stock has gained today, it has still underperformed the market over the last year, with a much steeper decline compared to the BSE500's -2.26%. The stock's recent performance is also affected by falling investor participation, particularly among institutional investors, who have reduced their stake in the company. This decline in institutional interest, combined with the company's weak long-term fundamentals and negative EBITDA, suggests that the stock's rise may be more of a temporary correction rather than a sign of a sustained recovery.