Why is Indowind Energy falling/rising?

As of 23-Sep, Indowind Energy Ltd's stock price is currently at 17.00, reflecting a decrease of 0.08 or 0.47%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 0.33% compared to the 5-day average, suggesting falling investor participation. Over the past week, the stock has declined by 1.11%, and it has experienced a significant drop of 29.11% over the past year, with profits falling by 68.6%. While the company reported positive results in June 2025, including a 57.01% growth in net sales, its long-term fundamentals remain weak, characterized by a low return on capital employed and a high debt to EBITDA ratio, which contribute to its poor performance.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, indicating that the stock's short-term performance is underperforming relative to the benchmark. Despite the overall market conditions, Indowind Energy's significant year-to-date decline of 29.17% starkly contrasts with the Sensex's gain of 5.07% in the same period. This underperformance highlights the challenges faced by Indowind Energy, as it has not only lagged behind the market but also failed to recover from its previous losses, reinforcing the perception of it being a strong sell.