Why is Inox Green falling/rising?

As of 08-Oct, Inox Green Energy Services Ltd is experiencing a price increase, currently at Rs. 229.05, reflecting a rise of 3.65 (1.62%). The stock has shown strong performance recently, with a new 52-week high of Rs. 240.2 reached today and a consecutive gain over the last three days, resulting in a total return of 12% during this period. Additionally, the stock has outperformed its sector by 2.71% today and has demonstrated impressive returns over various time frames, including a 43.79% increase over the past month and a 17.31% rise over the past year. However, despite this positive momentum, the company faces challenges such as weak long-term fundamental strength, indicated by a -400.67% CAGR growth in operating profits over the last five years and a low return on equity of 1.03%, which may contribute to investor caution.
In the broader market context, while the stock has significantly outperformed the benchmark Sensex, which has only increased by 0.98% over the past week and 1.22% over the past month, it is important to note that the overall market (BSE500) has generated negative returns of -2.13% in the last year. This contrast highlights the stock's strong performance despite the broader market's struggles. However, the decline in institutional investor participation, with a -4.13% reduction in their stake, raises concerns about the stock's long-term viability, as these investors typically possess more resources for analyzing company fundamentals.