Why is India Power Corp falling/rising?

As of 18-Jul, India Power Corporation Ltd's stock price is currently at 13.73, reflecting a decrease of 0.19, or 1.36%. The stock has underperformed its sector today by 0.83%, and while it is 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 has shown a negative return of 1.44% over the past week and a significant decline of 34.37% over the past year. Key negative factors contributing to this decline include a weak long-term fundamental strength, with a staggering -224.39% CAGR growth in operating profits over the last five years, and a concerning EBIT to Interest ratio of -0.95, indicating poor debt servicing ability. Additionally, the company reported a drastic drop in PAT growth of -88.93% in the latest six months, and 67.26% of promoter shares are pledged, which adds downward pressure on the stock price.
In the broader market context, the Sensex has experienced a slight decline of 0.72% over the past week, indicating that the market is generally underperforming, but India Power Corporation's decline is more pronounced. The stock's performance over the last month shows a modest gain of 2.92%, contrasting sharply with its year-to-date performance of -18.37%. This suggests that while there may have been some short-term recovery, the long-term outlook remains bleak, as evidenced by the company's negative EBITDA and a significant drop in profitability. Overall, the combination of weak financial fundamentals and high promoter share pledges has led to a continued decline in the stock's price.