Why is TPI India falling/rising?

As of 28-Aug, TPI India Ltd's stock price is currently at 17.50, reflecting a decrease of 0.85, or 4.63%. The stock has underperformed its sector by 4.26% today and has experienced a trend reversal, falling after two consecutive days of gains. While the stock has shown a positive return of 16.67% over the past month, it has a year-to-date decline of 12.50%. Additionally, the company has a negative book value and weak long-term fundamental strength, with net sales falling by 9.3% in the latest quarter compared to the previous four-quarter average. The stock's high debt levels and poor growth metrics contribute to its current downward movement.
In the broader market context, TPI India has underperformed significantly compared to the benchmark, with a one-year return of -30.00% against the BSE500's -5.01%. This stark difference highlights the stock's struggles relative to the overall market. Despite a recent uptick in short-term performance, the stock's long-term outlook remains concerning due to its negative book value and high debt-to-equity ratio, which may deter investors and contribute to the ongoing decline in its price.