Why is GE Power falling/rising?

As of 28-Aug, GE Power India Ltd is experiencing a decline in its stock price, currently at Rs 350.90, which reflects a decrease of Rs 8.45 or 2.35%. The stock has underperformed its sector by 1.93% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 6.3% during this period. Over the past week, the stock has fallen by 4.40%, while its performance over the past month shows a notable increase of 24.04%. However, the stock's year-to-date performance is down by 7.71%, and it has seen a significant decline of 21.05% over the past year. The company's operating losses and weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of -2.82 and a low Return on Equity of 1.99%, contribute to the negative sentiment surrounding the stock.
In the broader market context, while the BSE500 index has generated negative returns of 5.01% over the last year, GE Power's performance has been significantly worse, with a decline of 21.05%. This underperformance is compounded by a decrease in institutional investor participation, which has fallen by 1.68% in the previous quarter, suggesting a lack of confidence in the company's fundamentals. Additionally, the stock's current trading conditions are considered risky due to negative EBITDA and a substantial reliance on non-operating income. These factors collectively indicate a challenging environment for GE Power, leading to its recent price decline.