Why is Nagpur Power falling/rising?

As of 24-Jun, Nagpur Power & Industries Ltd is experiencing a decline in its stock price, currently at Rs 119.65, reflecting a decrease of 4.75 or 3.82%. Today's price summary indicates that the stock has underperformed its sector by 8.88% and opened with a loss of 3.54%. It has touched an intraday low of Rs 118.25 and is trading below all key moving averages, suggesting a bearish trend. The stock's performance over the past week shows a decline of 3.97%, and it has also underperformed over the past month and year-to-date, with returns of -5.15% and -22.81%, respectively. While there have been positive results in terms of profit growth and net sales, the overall long-term fundamentals remain weak, with a low return on equity and poor debt servicing ability, contributing to the stock's recent downward movement.
In the broader market context, the Sensex has shown resilience, gaining 0.58% over the past week, contrasting sharply with Nagpur Power's decline. This disparity highlights the stock's struggle in a generally positive market environment. The company's weak long-term growth prospects and high valuation relative to its peers further exacerbate its underperformance. Additionally, the significant drop in investor participation, with delivery volume falling by 58.47% against the five-day average, indicates a lack of confidence among investors, which is likely contributing to the stock's decline amidst a backdrop of a rising benchmark.