Why is Indian Energy Ex falling/rising?

As of 13-Aug, Indian Energy Exchange Ltd's stock price is currently at Rs 141.05, reflecting an increase of Rs 3.05 or 2.21%. The stock has shown a positive performance today, outperforming its sector by 2.16% and has been on a consecutive gain for the last two days, with a total return of 2.43% during this period. Despite this short-term rise, the stock has experienced a significant decline over the past month, down 31.53%, and a year-to-date decrease of 22.35%. Positive factors contributing to the recent price movement include high management efficiency indicated by a return on equity (ROE) of 38.92%, a low debt-to-equity ratio, and strong quarterly results. Additionally, institutional holdings have increased by 2.39%, suggesting confidence from larger investors.
In the broader market context, the stock's short-term return of +6.73% over the past week contrasts sharply with the Sensex, which has remained flat at -0.01%. This indicates that Indian Energy Exchange Ltd is performing well relative to the broader market in the short term. However, the stock's longer-term performance remains concerning, with declines of 31.53% over the past month and 22.35% year-to-date, while the Sensex has gained 3.07% in the same timeframe. This divergence highlights the stock's volatility and the challenges it faces despite recent positive momentum.