Why is India Power Corp falling/rising?

As of 08-Jul, India Power Corporation Ltd's stock price is currently at 14.35, reflecting an increase of 0.47 or 3.39%. The stock has shown a strong performance today, outperforming its sector by 4.08%, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Over the past week, the stock has gained 6.93%, while it has increased by 10.22% over the last month. However, the company faces significant long-term challenges, including a staggering -237.35% CAGR growth in operating profits over the last five years and a negative EBIT to interest ratio of -0.74, indicating weak financial health. Additionally, the stock has generated a return of -21.15% over the past year, with profits declining by -60.2%, which raises concerns about its sustainability.
In the broader market context, the Sensex has remained relatively flat with a change of -0.08% over the past week, while India Power Corporation's short-term performance has been notably stronger. Despite this, the stock's long-term performance is concerning, as it has underperformed the BSE500 index over the last three years, one year, and three months. The high percentage of pledged promoter shares (67.26%) adds to the risk, particularly in a declining market, potentially exerting additional downward pressure on the stock price. Overall, while there are short-term gains, the long-term outlook remains bleak due to fundamental weaknesses and negative financial indicators.