Why is GE Power falling/rising?

As of 20-Aug, GE Power India Ltd is experiencing a decline in its stock price, currently at Rs 372.10, which reflects a decrease of Rs 16.4 or 4.22%. The stock has underperformed its sector by 3.94% today and has fallen after two consecutive days of gains, touching an intraday low of Rs 371.55. Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -2.82 and a low Return on Equity of 1.99%. Additionally, institutional investors have reduced their stake by 1.68%, suggesting a lack of confidence in the company's fundamentals.
In the broader market context, GE Power's short-term performance has been relatively strong, with a 1-week return of +10.09% compared to the Sensex's +1.64%. However, the stock has underperformed over the longer term, with a year-to-date return of -2.13% against the Sensex's +4.76%. The stock's performance over the past year has been particularly poor, with a decline of -18.61%, significantly worse than the market's -1.20%. This underperformance, combined with rising investor participation and liquidity, indicates that while there may be short-term interest, the overall sentiment remains cautious due to the company's financial struggles and declining institutional support.