Why is India Power Corp falling/rising?

As of 17-Jul, India Power Corporation Ltd's stock price is currently at 13.92, reflecting a decrease of 0.04, or 0.29%. The stock has underperformed its sector today by 0.46%, and while it is trading higher than the 20-day, 50-day, and 100-day moving averages, it is lower than the 5-day and 200-day moving averages. The stock's performance over the past week shows a decline of 1.83%, contrasting with a slight increase of 1.83% over the past month. However, the company has faced significant challenges, including a staggering -224.39% CAGR growth in operating profits over the last five years and a negative EBITDA, indicating weak long-term fundamental strength. Additionally, the company's ability to service its debt is concerning, with a poor EBIT to interest ratio of -0.95, and a high percentage of promoter shares pledged (67.26%) adds further downward pressure in a falling market.
In the broader market context, the Sensex has decreased by 0.96% over the past week, which is less than the decline seen in India Power Corporation Ltd. This suggests that the stock's short-term performance is lagging behind the benchmark. The stock has generated a return of -34.12% over the past year, significantly underperforming the Sensex, which has increased by 2.03% during the same period. The company's recent negative results, including an 88.93% decline in PAT and reliance on non-operating income for profitability, further exacerbate its underperformance compared to the broader market. Overall, the combination of weak financial fundamentals, declining investor participation, and high promoter share pledges contribute to the stock's downward trajectory.