Why is Nagpur Power falling/rising?

As of 01-Jul, Nagpur Power & Industries Ltd's stock price is currently at 122.05, reflecting a decline of 4.75, or 3.75%. The stock has underperformed its sector by 4.6% today, following a trend reversal after four consecutive days of gains. It reached an intraday low of Rs 120.2, indicating a significant drop of 5.21%. Over the past week, the stock has shown a slight increase of 2.01%, but it has underperformed over the last month with a decline of 4.61%. While the company reported positive results in March, including a substantial growth in profit before tax and net sales, it faces challenges such as weak long-term fundamental strength, a low return on equity of 3.21%, and a poor EBIT to interest ratio, which contribute to its current price movement.
In the broader market context, the stock's performance contrasts with the benchmark Sensex, which has gained 2.00% over the past week and 2.76% over the last month. Despite the company's recent positive financial results, the stock has significantly underperformed the market over the past year, generating a return of -9.39% compared to the BSE500's 3.20%. This underperformance, coupled with concerns about the company's ability to service its debt and its expensive valuation relative to peers, suggests that investor sentiment remains cautious, contributing to the stock's decline.