Why is Prabha Energy falling/rising?

As of 08-Jul, Prabha Energy Ltd's stock price is currently at Rs. 292.90, reflecting a decrease of Rs. 8.6 or 2.85%. Today, the stock opened with a gain of 3.48% and reached an intraday high of Rs. 312, but it has since fallen, underperforming its sector by 3.61%. The stock has shown significant volatility today, with an intraday range between Rs. 291.25 and Rs. 312. Despite a strong performance over the past month with a return of 40.28%, the company faces serious challenges, including operating losses and a negative EBITDA, which contribute to its weak long-term fundamental strength. The company's ability to service debt is also low, as indicated by a high Debt to EBITDA ratio, and its profits have fallen significantly over the past year.
In the broader market context, Prabha Energy's 1-week return of 1.83% outperformed the Sensex, which saw a minimal increase of 0.02%. However, the stock's recent decline today suggests that investor sentiment may be shifting due to the company's ongoing financial struggles, despite a recent spike in trading volume. The overall market appears stable, but Prabha Energy's weak fundamentals and negative earnings reports are likely causing investors to reassess their positions, leading to the stock's current downward movement.