Why is Indian Renewable falling/rising?

As of 28-Aug, Indian Renewable Energy Development Agency Ltd's stock price is currently at Rs 141.05, reflecting a decline of Rs 3.1 or 2.15%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.53% during this period. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock is close to its 52-week low, just 2.87% away from Rs 137. Despite a healthy long-term growth in net sales and operating profit, the stock has generated a significant return of -44.46% over the past year, which has negatively impacted investor sentiment.
In the broader market context, the stock's short-term performance has been worse than the benchmark, with a 1-week return of -4.24% compared to the Sensex's -2.34%. While there has been an increase in institutional investor participation, which may provide some support, the overall sentiment remains cautious due to the company's recent flat quarterly results and declining profitability metrics. The stock's long-term fundamentals show strength, but the recent performance and negative returns have overshadowed these positives, leading to its current downward trajectory.