Why is Inox Wind falling/rising?

As of 26-Aug, Inox Wind Ltd is experiencing a decline in its stock price, currently at 142.00, which reflects a decrease of 0.8 or 0.56%. The stock has been losing value for the last two days, with a total drop of 1.53% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The recent performance shows that Inox Wind has underperformed significantly over the past month and year, with returns of -10.49% and -37.04%, respectively. Although the company has reported strong long-term growth in net sales and profits, its high Debt to EBITDA ratio of 4.46 times and low return on equity of 1.63% suggest challenges in servicing debt and profitability, which may contribute to the stock's downward pressure.
In the broader market context, Inox Wind's recent performance contrasts with the benchmark Sensex, which has seen a smaller decline of 1.05% over the past week. The stock's significant underperformance relative to the market, particularly with a year-to-date return of -21.55% compared to the Sensex's gain of 3.39%, highlights investor concerns. Furthermore, the falling delivery volume, which decreased by 47.55% against the 5-day average, indicates reduced investor participation, further exacerbating the stock's decline. Despite the company's healthy long-term growth metrics and high institutional holdings, the combination of high debt levels and low profitability is likely influencing investor sentiment negatively, leading to the current price drop.