Why is RattanIndia Pow. falling/rising?

As of 02-Sep, RattanIndia Power Ltd's stock price is currently at 12.21, reflecting a decrease of -0.02 or -0.16%. The stock has been underperforming, having lost -1.77% over the last three days, and it is currently lower than the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average. Additionally, the stock has shown a significant decline of -22.13% over the past year, despite a 110.6% increase in profits, indicating a disconnect between profitability and stock performance. The company's weak long-term fundamentals, highlighted by a high Debt to EBITDA ratio and a low Return on Capital Employed, further contribute to its negative outlook. Furthermore, with 88.65% of promoter shares pledged, there is added pressure on the stock price in a falling market.
In the broader market context, RattanIndia Power Ltd has underperformed compared to the benchmark, with a year-to-date return of -10.75% against the Sensex's gain of +2.58%. The stock's recent performance has also lagged behind the market, as it has fallen -4.68% over the past month while the Sensex declined only -0.55%. This underperformance is compounded by a significant drop in investor participation, with delivery volume decreasing by -31.98% against the 5-day average, indicating waning interest from investors. Overall, the combination of weak fundamentals, high debt levels, and poor market sentiment has led to the stock's recent decline.