Why is RattanIndia Pow. falling/rising?

As of 21-Aug, RattanIndia Power Ltd's stock price is currently at 12.41, reflecting a decrease of 0.11, or 0.88%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.9% during this period. In the past week, the stock has shown a modest gain of 3.16%, but over the last month, it has significantly underperformed with a decline of 17.76%. Despite a rising investor participation indicated by an increase in delivery volume, the stock's fundamentals are concerning, with a high Debt to EBITDA ratio and a negative PAT for the recent quarter. Additionally, 88.65% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.
In the broader market context, RattanIndia Power Ltd's performance has lagged behind the benchmark, with a one-year return of -23.82% compared to the Sensex's gain of 1.35%. While the stock has outperformed the benchmark in the short term with a 3.16% increase over the past week, its long-term performance remains weak, particularly given the high volatility and negative sentiment surrounding its financial health. The company's low Return on Capital Employed and poor inventory turnover ratio further contribute to a lack of investor confidence, which is reflected in its recent price decline.