Why is India Power Corp falling/rising?

As of 15-Jul, India Power Corporation Ltd's stock price is currently at 13.84, reflecting a decrease of 0.12, or 0.86%. The stock has underperformed its sector today by 2.04%. In terms of recent performance, the stock has shown a decline of 3.55% over the past week, while it has increased by 1.69% over the past month. However, the year-to-date performance is concerning, with a significant drop of 17.72%, and a stark decline of 38.65% over the past year. Key negative factors impacting the stock include weak long-term fundamentals, as indicated by a -224.39% CAGR growth in operating profits over the last five years and a negative EBIT to interest ratio of -0.95. Additionally, the company has reported a substantial decline in profit after tax and a high percentage of promoter shares pledged, which adds downward pressure on the stock.
Broader market context shows that while the stock has struggled, the benchmark Sensex has performed relatively better, with a decline of only 1.28% over the past week and a positive return of 6.56% year-to-date. This underperformance against the broader market highlights the challenges faced by India Power Corporation Ltd, particularly in light of its negative EBITDA and the significant drop in investor participation, as evidenced by a 44.77% decrease in delivery volume compared to the five-day average. Overall, the combination of weak financial metrics, high promoter share pledges, and poor market sentiment contributes to the stock's downward trajectory.