Why is Surana Solar falling/rising?

As of 01-Sep, Surana Solar Ltd's stock price is currently at 30.85, reflecting a decrease of 0.05 or 0.16%. The stock has underperformed its sector today by 2.26% and has experienced a consecutive decline over the last two days, resulting in a total drop of 0.61%. In terms of longer-term performance, the stock has seen a significant decline of 33.30% year-to-date and a 16.58% drop over the past year. The company is facing operational challenges, including negative EBITDA and weak profitability, as indicated by a poor EBIT to Interest ratio of -0.96 and a low Return on Equity of 1.21%. Furthermore, the stock's trading performance is hindered by a substantial decrease in investor participation, with delivery volume falling by 51.83% against the 5-day average.
In the broader market context, Surana Solar's recent performance contrasts with the benchmark Sensex, which has gained 2.85% year-to-date. While the renewable energy sector has shown a positive movement of 2.16%, Surana Solar's stock has consistently underperformed, particularly over the last year and three years. This underperformance is compounded by the company's weak long-term fundamental strength and negative financial results, which have contributed to its declining stock price. Overall, the combination of poor operational results, declining investor interest, and a lack of positive momentum in comparison to the broader market has led to the stock's downward trajectory.