Why is JP Power Ven. falling/rising?

As of 15-Jul, Jaiprakash Power Ventures Ltd's stock price is currently at Rs 24.52, reflecting a decrease of Rs 2.7 or 9.92%. Today's price summary indicates that the stock has underperformed its sector by 9.7% and has experienced a trend reversal, falling after three consecutive days of gains. The stock touched an intraday low of Rs 24.5 and has shown high volatility with an intraday fluctuation of 6.93%. Despite this decline, the stock has performed well over the past week, month, and year, with returns of 9.42%, 38.69%, and 32.61%, respectively, indicating a strong long-term growth potential with an annual operating profit growth rate of 22.33%.
In the broader market context, while Jaiprakash Power Ventures Ltd has outperformed the benchmark Sensex in the long term, its recent performance contrasts with the benchmark's slight decline of 1.36% over the past week. The stock's recent volatility and decline may be attributed to profit-taking after a strong performance, as indicated by the increased delivery volume on July 14, which rose by 30.52% against the 5-day average. This suggests that while investor participation remains robust, the current price movement reflects a short-term correction despite the company's overall positive growth trajectory.