Why is RattanIndia Pow. falling/rising?

As of 09-Jul, RattanIndia Power Ltd is currently priced at 15.82, reflecting a decrease of 0.02, or 0.13%. The stock has underperformed its sector by 0.46% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 0.63%. Despite this recent downturn, the stock has shown strong performance over the past week and month, with returns of 7.11% and 32.38%, respectively. The company has reported very positive financial results, including a remarkable 2808.55% growth in net profit and consistent positive results for the last five quarters. However, it faces challenges such as a high debt-to-EBITDA ratio and a significant percentage of promoter shares being pledged, which may contribute to downward pressure on the stock price.
In the broader market context, RattanIndia Power's recent performance contrasts with the Sensex, which has only increased by 0.15% over the past week. While the stock has generated a return of -7.76% over the past year, it has outperformed the benchmark significantly over the longer term, with a 339.44% return over three years. The stock's liquidity remains adequate, with a delivery volume increase of 37.96% compared to the five-day average, indicating rising investor participation. Despite the positive short-term returns, the stock's long-term fundamental weaknesses and the high percentage of pledged shares may be contributing to its current price decline.