Why is Indowind Energy falling/rising?

As of 25-Jul, Indowind Energy Ltd's stock price is currently at 18.48, reflecting a decrease of 0.13 or 0.7%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 4.74% during this period. In terms of performance, the stock has underperformed significantly over various time frames, with a 1-month return of -9.63% and a year-to-date return of -23.00%. Additionally, the company has reported operating losses, with key financial metrics indicating weak long-term fundamental strength, including a poor EBIT to Interest ratio and a significant drop in profits over the past year. Despite a rise in investor participation, as evidenced by a 118.73% increase in delivery volume, the overall sentiment remains negative due to the company's financial struggles.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -4.79% compared to the Sensex's decline of only -0.36%. This stark contrast highlights the stock's underperformance relative to the market. The power generation and distribution sector, in which Indowind operates, has also experienced a decline of -2.39%, further contributing to the negative sentiment surrounding the stock. Overall, the combination of poor financial results, weak growth prospects, and a challenging market environment has led to the stock's recent decline.