Why is Indsil Hydro falling/rising?

As of 21-Jul, Indsil Hydro Power & Manganese Ltd is experiencing a slight decline in its stock price, currently at 57.97, reflecting a decrease of 0.03 or 0.05%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite this recent downturn, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. However, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.07 times, which suggests a low ability to service its debt. Additionally, the company reported a substantial drop in profitability, with a negative EBITDA and a return on capital employed averaging only 4.94%.
In the broader market context, the stock's performance over the past week has been a decline of 0.48%, while the benchmark Sensex has only decreased by 0.06%, indicating that Indsil Hydro is underperforming relative to the market. Over the past month, however, the stock has outperformed the benchmark with a return of 25.31% compared to the Sensex's decline of 0.25%. Despite these short-term gains, the overall financial health of the company remains a concern, as evidenced by its flat results and significant losses reported in the latest quarter. This combination of weak fundamentals and declining investor participation, as indicated by a 33.78% drop in delivery volume, contributes to the stock's recent price movement.