Why is Indsil Hydro falling/rising?

As of 23-Jul, Indsil Hydro Power & Manganese Ltd is experiencing a decline in its stock price, currently at 58.22, which reflects a decrease of 0.78 or 1.32%. The stock has underperformed its sector today by 1.9%, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 2.14%, and over the last month, it has risen by 25.20%. However, the company is facing significant challenges, including operating losses and a high Debt to EBITDA ratio of 3.07 times, which indicates a low ability to service its debt. The recent financial results have also been concerning, with a substantial drop in profit before tax and a negative EBITDA, contributing to a perception of weak long-term fundamental strength.
In the broader market context, while Indsil Hydro has outperformed the Sensex over the past month and year-to-date, its performance over the last three years has been notably poor, with a decline of 7.44% compared to the Sensex's gain of 47.54%. This disparity highlights the stock's volatility and the risks associated with its current financial situation. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest in the stock, but the overall negative financial indicators and the company's weak profitability per unit of capital may be leading to cautious sentiment among investors.