Why is Indsil Hydro falling/rising?

As of 16-Jul, Indsil Hydro Power & Manganese Ltd is experiencing a decline in its stock price, currently at Rs 57.00, which reflects a decrease of 1.5 or 2.56%. Today's price summary indicates that the stock has underperformed its sector by 4.38% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 59.99 but also touched a low of Rs 56.1, with more volume traded closer to the low price. Over the past week, the stock has decreased by 2.45%, while its performance over the last month shows a significant increase of 22.45%. However, the company is facing challenges, including operating losses, a high debt-to-EBITDA ratio of 3.07 times, and a negative EBITDA, which contribute to its weak long-term fundamental strength. The stock has consistently underperformed against benchmarks over the past three years, further impacting investor sentiment.
In the broader market context, the Sensex has declined by 1.08% over the past week, indicating that the stock's short-term performance is worse than the benchmark. Despite a year-to-date return of 15.20% for Indsil Hydro, the stock's recent struggles, including a significant drop in profit before tax and net profit, have raised concerns among investors. The company's ability to service its debt is low, and its return on capital employed is also weak, which may deter potential investors. Overall, the combination of these stock-specific factors and the broader market's slight downturn suggests that the stock's recent decline is influenced by both internal financial challenges and external market conditions.