Why is Adani Green falling/rising?

As of 29-Jul, Adani Green Energy Ltd's stock price is currently at 1,015.10, reflecting an increase of 10.55 (1.05%). The stock has been gaining for the last two days, with a total return of 4.01% during this period. It is performing in line with its sector, and the delivery volume has risen significantly, indicating increased investor participation. Despite this recent uptick, the stock has underperformed over the past year, with a decline of 44.69%, compared to a slight decrease of 0.02% in the Sensex. The company has reported very positive results, including a 142.12% growth in net profit and strong operating cash flow, which may contribute to the recent positive sentiment.
Broader Market Context: In the context of the broader market, Adani Green's short-term performance shows a slight advantage, as it has gained 4.01% over the last two days while the Sensex has declined by 1.03% over the past week. However, the stock's long-term performance remains concerning, as it has significantly lagged behind the market, with a year-to-date decline of 2.49% compared to the Sensex's gain of 4.09%. The company's high debt levels and expensive valuation metrics, such as a debt-equity ratio of 6.17 and a PEG ratio of 2.3, suggest underlying weaknesses that could impact future performance despite recent positive results and rising promoter confidence.