Why is Adani Green falling/rising?

As of 04-Jul, Adani Green Energy Ltd's stock price is currently at 997.20, reflecting a decrease of 11.2 points or 1.11%. The stock has been underperforming, having lost 2.15% over the last two days and showing a 1.83% decline over the past week. Despite positive financial results over the last four quarters, including a 60.27% growth in profit after tax, the stock's high debt levels, indicated by a debt-equity ratio of 6.17, raise concerns about its long-term fundamental strength. Additionally, the stock is trading below its peers' historical valuations, and the recent fall in delivery volume by nearly 49% suggests a decrease in investor participation, which may contribute to the downward price movement.
In the broader market context, Adani Green's performance has been notably weaker compared to the benchmark Sensex, which has gained 3.01% over the past month while Adani Green has declined by 0.81%. The stock's long-term performance is also concerning, with a staggering 43.55% drop over the past year, contrasting sharply with the Sensex's 4.23% increase. The decline in institutional investor stakes, which fell by 0.56% in the previous quarter, further indicates a lack of confidence in the stock's future prospects, contributing to its recent price decline.