Why is JP Power Ven. falling/rising?

As of 16-Jul, Jaiprakash Power Ventures Ltd is experiencing a decline in its stock price, currently at 23.76, which reflects a decrease of 0.76 or 3.1%. The stock has underperformed its sector by 3.38% today and has been on a downward trend for the last two days, accumulating a total loss of 12.71% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a 34.31% increase over the past month and a remarkable 278.34% rise over the last three years. However, it is important to note that while the stock has generated a return of 27.47% over the past year, its profits have decreased by 40.6%, indicating potential concerns about its profitability despite healthy long-term growth in operating profit at an annual rate of 22.33%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over various periods, including a 6.21% gain over the past week compared to a 1.08% decline in the index. This suggests that while the stock is currently facing short-term challenges, it has maintained a strong position relative to the market over the longer term. The rising investor participation, evidenced by a 43.9% increase in delivery volume, indicates continued interest in the stock, which may help support its price in the future. However, the stock's current trading at a discount compared to its peers' average historical valuations may also suggest a cautious sentiment among investors, contributing to the recent price decline.