Why is India Power Corp falling/rising?

As of 05-Aug, India Power Corporation Ltd is experiencing a decline in its stock price, currently at Rs 12.21, which reflects a decrease of Rs 0.36 or 2.86%. The stock has been underperforming, having lost 2.19% over the last two days and showing a significant decline of 8.20% over the past month. Additionally, it has underperformed its sector by 1.63% today. The stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. There is a slight increase in investor participation, with delivery volume rising by 5.56% against the 5-day average, but this has not been enough to counteract the overall downward movement.
In the broader market context, India Power Corporation Ltd has significantly underperformed compared to the Sensex, with a year-to-date decline of 27.41% while the benchmark has gained 4.25%. Over the past year, the stock has fallen by 40.09%, contrasting sharply with the Sensex's modest increase of 2.47%. This stark difference highlights the challenges faced by the company relative to the overall market performance, contributing to the negative sentiment surrounding its stock.