Why is Prabha Energy falling/rising?

As of 14-Jul, Prabha Energy Ltd's stock price is currently at Rs 292.70, reflecting an increase of Rs 1.7 or 0.58%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and reached an intraday high of Rs 298.75, which is a 2.66% increase. However, the stock's performance over the past week has been negative, with a decline of 2.92%, while it has outperformed the benchmark Sensex over the past month with a gain of 16.22% compared to the Sensex's 1.40%. Despite this recent uptick, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, highlighted by a -70.59% annual growth rate in operating profit over the last five years and a high Debt to EBITDA ratio of -1.00 times.
In the broader market context, while Prabha Energy's short-term performance has been volatile, it has managed to outperform the benchmark in the last month. However, the stock's liquidity appears to be diminishing, with a notable drop in delivery volume by 5.43% against the five-day average. The company’s financial health is concerning, as indicated by negative EBITDA and a significant decline in profits over the past year, which raises risks for investors. Overall, while there is a slight upward movement in the stock price, the underlying financial issues and declining investor participation suggest caution moving forward.