Why is Adani Green falling/rising?

As of 08-Jul, Adani Green Energy Ltd's stock price is currently at 992.10, reflecting a slight increase of 0.9, or 0.09%. The stock has recently shown a trend reversal, gaining after three consecutive days of decline. However, it has underperformed its sector by 0.67% today. Over the past week, the stock has decreased by 2.32%, and it has also seen a significant decline of 43.61% over the past year. Despite positive financial results over the last four quarters, including a 60.27% growth in profit after tax, the company faces challenges due to a high debt-to-equity ratio of 6.17, indicating weak long-term fundamental strength. Additionally, falling participation from institutional investors, who have reduced their stake by 0.56%, may contribute to the stock's struggles.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Adani Green's decline. The stock's performance has lagged behind the benchmark indices, with a year-to-date return of -4.70% compared to the Sensex's 7.13%. This underperformance in both the short and long term, combined with high debt levels and reduced institutional interest, suggests that while there may be some positive indicators, the overall sentiment around Adani Green remains cautious.