Why is RattanIndia Pow. falling/rising?

As of 16-Sep, RattanIndia Power Ltd's stock price is currently at 12.25, reflecting an increase of 0.07 or 0.57%. The stock has been gaining for the last two days, with a total return of 0.82% during this period. However, it has underperformed in the longer term, with a year-to-date decline of 10.45% and a one-year drop of 20.66%. The stock is trading above its 200-day moving average but below its shorter-term moving averages, indicating mixed signals. Despite an attractive valuation with a low PEG ratio of 0.5 and a significant profit increase of 110.6% over the past year, the stock faces challenges such as a high Debt to EBITDA ratio and a low inventory turnover ratio, which contribute to its weak long-term fundamental strength.
Broader market context shows that while the Sensex has gained 1.58% over the past week and 2.21% over the past month, RattanIndia Power's stock has declined by 0.24% in the same week. This underperformance is notable given that the stock has fallen significantly more than the broader market over the past year. Additionally, the falling investor participation, as indicated by a 19.32% drop in delivery volume, suggests a lack of confidence among investors, which could further pressure the stock price in a declining market environment where a high percentage of promoter shares are pledged.