Why is Inox Wind falling/rising?

As of 02-Sep, Inox Wind Ltd's stock is currently priced at Rs 143.35, reflecting an increase of Rs 2.3 or 1.63%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 4.79% during this period. It outperformed its sector by 0.79% today and reached an intraday high of Rs 145.2. However, despite this recent uptick, the stock has underperformed over the past month, with a decline of 5.54%, and a significant year-to-date drop of 20.80%. The company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 44.36% and a remarkable net profit growth of 134.05%. However, it faces challenges with a high Debt to EBITDA ratio of 4.46 times, indicating low ability to service debt, and a low return on equity of 1.63%, which suggests limited profitability.
In the broader market context, while Inox Wind has outperformed the Sensex by 0.95% over the past week, the benchmark index has declined by 0.78%. Over the past year, Inox Wind has significantly underperformed the market, with a return of -35.02% compared to the Sensex's -2.91%. This stark contrast highlights the stock's struggles despite positive operational results and high institutional holdings at 22.89%. The company's valuation appears expensive with a high enterprise value to capital employed ratio, and while it trades at a discount to its peers, the overall market sentiment has not favored it, contributing to its recent price movements.