Why is Indian Renewable falling/rising?

As of 12-Sep, Indian Renewable Energy Development Agency Ltd's stock price is currently at 147.35, reflecting an increase of 0.75 or 0.51%. Today's price summary indicates that the stock has underperformed its sector by 0.69%, despite being above the 5-day and 20-day moving averages. However, it remains below the 50-day, 100-day, and 200-day moving averages. The stock has experienced a decline in investor participation, with a delivery volume of 3.03 lacs on September 11, which is down 6.22% compared to the 5-day average. Over the past week, the stock has gained 1.24%, and over the past month, it has risen by 2.65%, although it has significantly underperformed over the year with a decline of 36.66%.
In the broader market context, the stock's short-term performance has lagged behind the Sensex, which has increased by 1.48% over the past week and 2.08% over the past month. Despite the strong long-term fundamental strength indicated by a 15.59% average Return on Equity and healthy growth rates in net sales and operating profit, the stock's recent performance has been negatively impacted by flat quarterly results and a significant drop in profit after tax. Additionally, while institutional investors have increased their stake, the stock's overall performance has been below par in both the long term and near term, contributing to its recent price movements.