Why is Indowind Energy falling/rising?

As of 17-Sep, Indowind Energy Ltd's stock price is currently at 17.21, reflecting a slight increase of 0.02 or 0.12%. The stock has shown a positive performance today, outperforming its sector by 0.53%, and has been gaining for the last two days with a total return of 1.53% during this period. However, despite this recent uptick, the stock has experienced a decline of 2.77% over the past month and a significant drop of 28.29% year-to-date. While the company has reported positive results in June 2025 after two consecutive negative quarters, including a notable growth in net sales and profit before tax, it still faces challenges with weak long-term fundamentals, including a low return on capital employed and a high debt-to-EBITDA ratio, which may hinder its overall performance.
In the broader market context, the stock's short-term return of 1.41% over the past week is slightly below the benchmark Sensex, which has increased by 1.56% during the same period. This underperformance in the short term, combined with a longer-term decline of 29.87% over the past year, indicates that while there may be some recent positive momentum, the stock is still struggling to keep pace with market expectations. The overall weak long-term growth and declining investor participation, as evidenced by a drop in delivery volume, suggest that investor confidence may be wavering despite the recent gains.