Why is Adani Green falling/rising?

As of 07-Jul, Adani Green Energy Ltd's stock price is currently at 991.20, reflecting a decrease of 6.0 points or 0.6%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.74% during this period. Additionally, the stock has shown negative returns over various time frames, including a 1-week decline of 3.36% and a 1-year drop of 43.49%. Despite positive financial results in the last four quarters, including a significant growth in profit after tax and operating profit, the company's high debt levels, indicated by a debt-equity ratio of 6.17, contribute to its weak long-term fundamental strength. Furthermore, a decrease in institutional investor participation, with a reduction of 0.56% in their stakes, suggests a lack of confidence in the stock's future performance.
In the broader market context, Adani Green's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has shown a slight decline of only 0.20% over the past week. This underperformance is evident as the stock has generated negative returns in both the short and long term, while the Sensex has recorded positive returns over the last month and year. The stock's liquidity remains adequate for trading, but the overall sentiment appears to be negative, compounded by falling investor participation and a high valuation relative to its earnings.