Why is Inox Wind falling/rising?

As of 31-Jul, Inox Wind Ltd's stock price is currently at 150.70, reflecting a decline of 5.55 points or 3.55%. The stock has been on a downward trend, losing value for the last eight consecutive days, resulting in a total drop of 9.76% during this period. It opened lower today, with a gap down of 3.68%, and reached an intraday low of Rs 150, which is a 4% decrease. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant decline in investor participation, with delivery volume falling by 41.36% compared to the 5-day average. Despite the company's strong long-term growth indicators, such as a 36.16% annual increase in net sales and a remarkable 479.6% growth in net profit, concerns about poor management efficiency and high debt levels are negatively impacting investor sentiment.
In the broader market context, Inox Wind's performance has significantly underperformed compared to the benchmark Sensex, which has only declined by 1.22% over the past week, while Inox Wind has dropped by 6.89%. Over the past month, the stock has decreased by 13.09%, contrasting with the Sensex's 3.00% decline. This stark difference highlights the stock's struggles relative to the market. Furthermore, the company's high Debt to EBITDA ratio of 4.45 times and low Return on Capital Employed (ROCE) of 2.56% raise concerns about its ability to manage debt effectively, contributing to its negative performance. Overall, while there are positive long-term growth metrics, the current financial inefficiencies and declining investor interest are driving the stock's recent downward movement.