Why is Adani Green falling/rising?

As of 17-Jul, Adani Green Energy Ltd's stock price is currently at 1,049.60, reflecting an increase of 11.0 points or 1.06%. The stock has shown a positive trend, gaining for the last four consecutive days with a total return of 5.53% during this period. It has outperformed its sector by 1.45% today. Additionally, the stock's performance over the past week and month has been strong, with returns of +5.42% and +7.39%, respectively, while it has underperformed over the year with a decline of -40.32%. The company has reported positive results in the last four quarters, with significant growth in profit after tax and operating profit, which may contribute to the recent upward movement in stock price. However, the high debt levels and weak long-term fundamental strength pose concerns for investors.
Broader market context indicates that while Adani Green has shown short-term strength, it has significantly underperformed compared to the benchmark index, Sensex, which has gained 1.91% over the past year. The stock's year-to-date performance is also lagging behind the benchmark, with a return of only +0.83% compared to Sensex's +5.27%. The decrease in institutional investor participation, which has fallen by 0.56% over the previous quarter, suggests a lack of confidence among more sophisticated investors, further complicating the stock's outlook despite its recent gains.