Why is JP Power Ven. falling/rising?

As of 09-Jul, Jaiprakash Power Ventures Ltd is currently priced at 22.37, reflecting a decrease of 0.04 or 0.18%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.28% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a 1-week return of 18.80%, a 1-month return of 26.10%, and a year-to-date return of 26.31%. However, the company's profitability has been a concern, as profits have fallen by 40.6% over the past year, and it has a low Return on Capital Employed (ROCE) of 7.00%, indicating poor management efficiency. Additionally, a significant portion of promoter shares, 79.2%, are pledged, which can exert downward pressure on the stock price in a declining market.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the sector by 0.51% today. While the stock has outperformed the BSE500 over the last three years, one year, and three months, its recent struggles highlight a divergence from this trend. The overall market has seen a modest increase, with the Sensex rising by 0.15% over the past week. This juxtaposition of strong long-term performance against recent declines suggests that while the stock has potential, immediate pressures from declining profits and high promoter pledges are currently impacting investor sentiment.