Why is Inox Wind falling/rising?

As of 18-Aug, Inox Wind Ltd's stock price is currently at Rs 140.00, reflecting an increase of Rs 3.0 or 2.19%. Today's price movement indicates a trend reversal as the stock has gained after three consecutive days of decline. It opened with a significant gap up of 6.35% and reached an intraday high of Rs 145.7. Despite this positive movement today, the stock has underperformed over the past week and month, with returns of -1.20% and -14.82%, respectively. The company has shown strong long-term growth with a net sales increase of 44.36% and a net profit growth of 134.05%, alongside consistent positive results for the last ten quarters. However, it faces challenges with a high Debt to EBITDA ratio of 4.46 times and low profitability per unit of shareholders' funds, which may weigh on investor sentiment.
Broader market context shows that while the Sensex has gained 0.83% over the past week, Inox Wind's performance has lagged significantly, indicating a divergence between the stock and the broader market. The renewable energy sector has also seen a decline of 2.2%, which may be impacting investor confidence in Inox Wind. Despite the stock's recent positive movement, its long-term performance remains concerning, with a year-to-date decline of 22.65% compared to the Sensex's gain of 4.01%. This context suggests that while today's price increase may reflect short-term recovery efforts, the stock's overall trajectory remains under pressure from broader market trends and company-specific financial challenges.