Why is RattanIndia Pow. falling/rising?

As of 19-Sep, RattanIndia Power Ltd's stock price is currently at 12.41, reflecting an increase of 0.06 or 0.49%. The stock has shown a positive trend recently, gaining 2.14% over the past week, although it has underperformed its sector by 1.99% today. Despite this recent gain, the stock has a year-to-date decline of 9.28% and a one-year drop of 16.99%. The company's financials indicate a weak long-term fundamental strength, with a high Debt to EBITDA ratio and a negative profit before tax, which may contribute to investor caution. 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, the stock has outperformed the benchmark Sensex in the short term, with a 1-week return of 2.14% compared to the Sensex's 0.88%. However, over the longer term, RattanIndia Power has significantly underperformed, with a one-year return of -16.99% against the Sensex's -0.67%. This contrast highlights the stock's volatility and the challenges it faces despite recent gains. The overall market sentiment, combined with the company's financial struggles and high promoter pledge, suggests that while there may be short-term upward movements, the long-term outlook remains uncertain.