Why is Inox Wind falling/rising?

As of 11-Aug, Inox Wind Ltd is currently priced at 141.70, reflecting an increase of 1.85 or 1.32%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite this recent uptick, Inox Wind has underperformed in the short term, with a 1-week return of -7.54% compared to the Sensex's -0.51%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. However, there has been a rise in investor participation, with delivery volume increasing by 7.15% against the 5-day average, suggesting some renewed interest. The company has demonstrated strong long-term growth, with net sales and operating profit increasing significantly, alongside a remarkable net profit growth of 479.6% and positive results for the last nine consecutive quarters.
In the broader market context, Inox Wind's performance has been notably weaker than the benchmark, as evidenced by its year-to-date return of -21.71% compared to the Sensex's positive return of 3.15%. This underperformance is compounded by concerns regarding management efficiency, as indicated by a low return on capital employed and a high debt-to-EBITDA ratio, which raises questions about the company's ability to service its debt. Despite high institutional holdings that suggest confidence from knowledgeable investors, the stock's valuation appears expensive relative to its peers, and it has consistently underperformed the market over the past year. Overall, while there are positive indicators for long-term growth, the recent price movement reflects a complex interplay of strong fundamentals and significant financial challenges.