Why is JP Power Ven. falling/rising?

As of 01-Jul, Jaiprakash Power Ventures Ltd is experiencing a price increase, with its current price at 19.01, reflecting a change of 0.71 or 3.88% upward. The stock has outperformed its sector by 4.07% today and has been on a gaining streak for the last three days, accumulating a total return of 5.85% during this period. Additionally, the stock has shown strong performance over the past week and month, with returns of 9.44% and 22.17%, respectively. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, while the stock has shown healthy long-term growth with an annual operating profit increase of 22.33%, it has faced challenges with a 40.6% decline in profits over the past year, contributing to a negative return of -4.38% in that same timeframe.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 2.00% over the past week and 2.76% over the past month. This strong relative performance suggests that investor sentiment towards Jaiprakash Power Ventures Ltd is currently favorable, likely driven by rising investor participation and liquidity, as evidenced by a 57.82% increase in delivery volume. Despite the stock trading at a discount compared to its peers' historical valuations, the recent gains may reflect optimism about its future growth potential, even as it grapples with past profit declines.