Why is Adani Green falling/rising?

As of 03-Jul, Adani Green Energy Ltd's stock price is currently at 1,008.40, reflecting a decrease of 10.75 points or 1.05%. Today's performance indicates that the stock has underperformed its sector by 0.51%. Despite showing higher performance than the 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The stock has experienced a significant drop in investor participation, with delivery volume falling by 52.35% compared to the 5-day average. Over the past year, the stock has generated a return of -43.17%, while its profits have increased by 33.8%, leading to a high PEG ratio of 3.1. The company has reported positive results for the last four consecutive quarters, but its high debt levels, indicated by a debt-equity ratio of 6.17, and a low return on capital employed (ROCE) of 7.4, contribute to its weak long-term fundamental strength.
In the broader market context, the stock's short-term return over the past week is +1.64%, while the benchmark Sensex has declined by 0.62%. However, the stock's year-to-date performance shows a decline of 3.13%, contrasting with the Sensex's gain of 6.53%. The recent decrease in institutional investor participation, with a reduction of 0.56% in their stake, further reflects a lack of confidence in the stock's long-term prospects. Overall, while the company has demonstrated growth in profits, its high debt levels and underperformance relative to both the market and its peers have led to a negative sentiment surrounding its stock price.