Why is Prabha Energy falling/rising?

As of 26-Sep, Prabha Energy Ltd's stock price is currently at Rs 214.65, reflecting a decline of Rs 14.2 or 6.2%. The stock has underperformed its sector by 4.88% today and has experienced a trend reversal, falling after three consecutive days of gains. It touched an intraday low of Rs 214.65, and trading volume has decreased significantly, with delivery volume dropping by 63.95% against the five-day average. Over the past week, the stock has declined by 2.12%, and over the past month, it has fallen by 13.40%, indicating a weak performance compared to the Sensex, which has only decreased by 0.45% during the same period. The company's operating losses and a high Debt to EBITDA ratio suggest poor long-term growth potential, which has likely contributed to the stock's recent decline.
In the broader market context, Prabha Energy's short-term performance has been worse than the benchmark, as it has lost value while the Sensex has shown relative stability. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's prospects, further impacting its stock price negatively. Additionally, the company's negative EBITDA and significant profit decline of 50% over the past year highlight its financial struggles, making it a risky investment compared to historical valuations. Overall, these factors contribute to the downward pressure on Prabha Energy's stock price.