Why is GE Power falling/rising?

As of 21-Aug, GE Power India Ltd is experiencing a decline in its stock price, currently at Rs 367.05, which reflects a decrease of 5.05 (-1.36%). The stock has underperformed its sector by 1.58% today and has been on a downward trend for the last two days, accumulating a total loss of 5.52%. Despite opening with a gain of 3.2% and reaching an intraday high of Rs 384, it has also touched a low of Rs 364.05. Over the past week, the stock has shown a positive return of 9.18%, but it has significantly underperformed over the last year with a return of -23.54%. The company's weak long-term fundamentals, including operating losses and a poor EBIT to Interest ratio of -2.82, contribute to the negative sentiment surrounding the stock. Additionally, a decrease in institutional investor participation by 1.68% further signals a lack of confidence in the company's prospects.
In the broader market context, while the Sensex has shown a modest gain of 1.74% over the past week, GE Power's performance has been starkly contrasting, indicating a significant divergence from the benchmark. The stock's year-to-date return of -3.46% also highlights its struggle compared to the Sensex's positive return of 4.94%. The company's recent flat results and negative EBITDA position it as a risky investment, especially as institutional investors, who typically have more resources to analyze fundamentals, are reducing their stakes. This combination of weak financial performance and declining investor confidence is likely contributing to the stock's current downward trajectory.