Why is RattanIndia Pow. falling/rising?

As of 23-Jul, RattanIndia Power Ltd's stock price is currently at 14.43, reflecting a decrease of 0.67, or 4.44%. The stock has underperformed its sector today by 4.82%, and while it is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages. Over the past week, the stock has declined by 6.42%, contrasting with a slight increase of 0.11% in the Sensex. Despite a year-to-date gain of 5.48%, the stock has seen a negative return of 5.44% over the past year. The company has a very attractive valuation with a ROCE of 4.4 and a PEG ratio of 0.3, but it faces challenges such as a high Debt to EBITDA ratio and a significant drop in PAT for the last quarter, which has contributed to the stock's recent decline.
In the broader market context, the stock's recent performance has been notably weaker than the benchmark, particularly in the short term, where it has fallen significantly compared to the Sensex's modest gain. The decline in investor participation, with a 39.77% drop in delivery volume compared to the 5-day average, indicates waning interest among investors. Additionally, the high percentage of pledged promoter shares (59.01%) adds pressure in a falling market, further exacerbating the stock's downward movement. Overall, while the stock has attractive valuation metrics, its weak long-term fundamentals and recent poor performance relative to the market are key factors driving its current price decline.