Why is Surana Solar falling/rising?

As of 22-Aug, Surana Solar Ltd's stock price is currently at 31.50, reflecting a decrease of 0.2, or 0.63%. The stock has underperformed its sector today by 1.28% and has experienced a consecutive decline over the last two days, resulting in a total drop of 1.47%. In terms of returns, the stock has shown a negative performance of 0.88% over the past week and 5.41% over the past month, while it has significantly underperformed the benchmark Sensex, which has gained 0.88% in the same week and lost only 1.07% in the past month. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.96. Additionally, the stock's profitability is low, with a Return on Equity of just 1.21%.
In the broader market context, Surana Solar's recent performance contrasts sharply with the benchmark, as it has consistently underperformed over various time frames, including a 16.78% decline over the past year compared to a slight gain of 0.31% for the Sensex. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest; however, the overall sentiment remains negative due to the company's significant operating losses and rising raw material costs, which have surged by 1,512.53% year-over-year. This combination of poor financial results and weak long-term fundamentals contributes to the stock's downward trajectory.