Why is Orient Green falling/rising?

As of 30-Sep, Orient Green Power Company Ltd is experiencing a decline in its stock price, currently at 12.82, which reflects a decrease of 0.29 or 2.21%. The stock has been underperforming, having lost 9.85% over the last seven days and consistently trading below its moving averages across various time frames. Additionally, the stock has shown a significant decline in performance over the past year, with a return of -37.40%, compared to the Sensex, which has fallen only 4.78%. Despite some positive financial results reported in June, such as substantial growth in profit before tax and profit after tax, the company faces challenges with weak long-term fundamentals, including a negative CAGR growth in net sales and a high debt-to-EBITDA ratio, which negatively impacts investor sentiment.
In the broader market context, while the Sensex has shown a slight gain of 0.57% over the past month, Orient Green's performance has been notably poor, with a decline of 6.08% in the same period. This underperformance is further highlighted by the fact that domestic mutual funds hold no stake in the company, indicating a lack of confidence among institutional investors. The stock's liquidity remains adequate, but the falling investor participation, as evidenced by a decrease in delivery volume, suggests a growing reluctance to invest in the company. Overall, the combination of weak fundamentals, poor recent performance, and lack of institutional support contributes to the ongoing decline in Orient Green's stock price.