Why is Inox Wind falling/rising?

As of 03-Sep, Inox Wind Ltd's stock price is currently at 144.65, reflecting an increase of 1.3 (0.91%). The stock has been gaining for the last four days, with a total return of 5.99% during this period, outperforming its sector by 1.33%. In the short term, the stock has shown a positive trend, with a 1.87% increase over the past week, while it has experienced a decline of 4.68% over the past month. Despite a significant drop of 20.08% year-to-date and 35.02% over the past year, the company has reported strong financial performance, including a 134.05% growth in net profit and consistent positive results for the last ten quarters. However, the high Debt to EBITDA ratio of 4.46 times and low Return on Equity of 1.63% indicate challenges in servicing debt and profitability, which may weigh on investor sentiment.
In the broader market context, while the Sensex has experienced a slight decline of 0.27% over the past week, Inox Wind's performance has been notably better, showcasing its resilience in the short term. The stock's ability to outperform the sector and the rising investor participation, evidenced by a 12.66% increase in delivery volume, suggests a growing interest among investors despite its long-term underperformance compared to the market. The stock's trading at a discount relative to its peers may attract value investors, but the overall negative returns over the past year highlight the need for caution among potential buyers.