Why is RattanIndia Pow. falling/rising?

As of 28-Aug, RattanIndia Power Ltd's stock price is currently at 12.43, reflecting an increase of 0.49 or 4.1%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite this recent uptick, the stock has underperformed in the longer term, with a year-to-date return of -9.14% and a one-year return of -20.52%. While the stock's return on capital employed (ROCE) is relatively attractive at 4.4%, it is overshadowed by a high debt to EBITDA ratio of 11.55 times, indicating a low ability to service debt. 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 has outperformed the sector by 5.36% today, but its one-week return of +0.16% contrasts sharply with the Sensex's decline of -2.34%. This suggests that while the stock is experiencing a short-term rebound, it has struggled significantly over the past month and year compared to the benchmark. The stock's liquidity remains adequate for trading, but falling investor participation, as indicated by a slight decrease in delivery volume, may signal caution among investors. Overall, the stock's recent rise appears to be a temporary correction amidst ongoing fundamental weaknesses and broader market challenges.