Why is JP Power Ven. falling/rising?

As of 17-Jul, Jaiprakash Power Ventures Ltd is experiencing a decline in its stock price, currently at Rs 22.75, which represents a decrease of 1.01 or 4.25%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 16.42% during this period. Today's trading saw the stock reach an intraday low of Rs 22.39, reflecting a drop of 5.77%. Despite a strong long-term growth outlook, with operating profit increasing at an annual rate of 22.33%, the stock's recent performance has been negatively impacted by a significant 40.6% drop in profits over the past year. Additionally, the stock is trading at a discount compared to its peers, which may indicate a fair valuation, but the falling investor participation and lower delivery volume suggest waning interest.
In the broader market context, the stock's short-term performance has slightly underperformed the benchmark, with a 1-week return of -1.17% compared to the Sensex's -1.12%. However, over the longer term, Jaiprakash Power Ventures Ltd has outperformed the BSE500, generating a 22.05% return over the past year and a remarkable 262.26% over the last three years. This indicates that while the stock is currently facing challenges, its historical performance suggests resilience and potential for recovery in the future.