Why is Inox Wind falling/rising?

As of 24-Jul, Inox Wind Ltd's stock price is currently at Rs 161.85, reflecting a decrease of Rs 3.2 or 1.94%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 2.99% during this period. Today's performance indicates that it underperformed its sector by 0.54%, and it touched an intraday low of Rs 160.75. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a strong long-term growth outlook, with net sales and operating profit increasing significantly, the recent decline may be attributed to falling investor participation, as evidenced by a 57.77% drop in delivery volume compared to the 5-day average.
In the broader market context, Inox Wind's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.09% over the past week while Inox Wind has dropped by 3.17%. This stark contrast highlights the stock's struggles relative to the overall market. Although the company has demonstrated consistent returns over the past three years and has strong fundamentals, including high institutional holdings and impressive growth metrics, these factors have not translated into positive short-term price movements. The combination of declining trading volumes and the stock's inability to maintain momentum against the benchmark suggests that investors may be cautious, impacting the stock's recent performance negatively.