Why is RattanIndia Pow. falling/rising?

As of 06-Nov, RattanIndia Power Ltd's stock price is currently at 10.51, reflecting a decrease of 0.3, or 2.78%. The stock has been on a downward trend, having underperformed its sector by 0.56% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 8.21%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, RattanIndia Power has generated a return of -27.01%, significantly underperforming the market, which has seen a return of 1.73%. The company's weak financials, including a high Debt to EBITDA ratio and negative PAT results, contribute to its declining stock price, alongside low investor participation indicated by a drop in delivery volume.
In the broader market context, while the Sensex has shown a slight decline of 1.30% over the past week, RattanIndia Power's performance has been notably worse, with a drop of 7.81% in the same period. The power generation sector overall has also faced a downturn, falling by 2.23%. Despite the company's profits rising by 118.4% over the past year, the stock's negative returns and weak long-term fundamentals, including a low Return on Capital Employed, have led to a lack of confidence among investors, as evidenced by the minimal stake held by domestic mutual funds. This combination of sector-wide challenges and company-specific issues has resulted in the stock's continued decline.