Why is RattanIndia Pow. falling/rising?

As of 26-Aug, RattanIndia Power Ltd is experiencing a decline in its stock price, currently at 11.94, reflecting a decrease of 0.25 or 2.05%. The stock has underperformed its sector by 0.58% today and has been on a consecutive downward trend for the last five days, resulting in a total decline of 5.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown weak financial performance, with a significant drop in profit before tax and profit after tax compared to previous quarters, alongside a high debt-to-EBITDA ratio. Furthermore, 88.65% of promoter shares are pledged, which adds downward pressure on the stock in a falling market.
In the broader market context, RattanIndia Power Ltd has significantly underperformed compared to the benchmark, with a one-year return of -25.09% against the BSE500's -3.87%. This stark contrast highlights the stock's struggles relative to the market. Despite a positive return on capital employed and attractive valuation metrics, the company's weak long-term fundamentals and declining investor participation have contributed to its recent price drop. The stock's liquidity remains adequate for trading, but the overall sentiment appears negative, reflecting broader concerns about its financial health and market position.