Why is JP Power Ven. falling/rising?

As of 28-Jul, Jaiprakash Power Ventures Ltd's stock price is currently at 20.47, reflecting an increase of 0.35 or 1.74%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite a recent drop of 4.88% over the past week, the stock has performed well over the longer term, with a 13.16% increase in the last month and a remarkable 232.31% rise over the past three years. However, the stock's delivery volume has decreased by 23.04% against the five-day average, indicating falling investor participation. While the stock is trading at a discount compared to its peers, it has also experienced a significant profit decline of 40.6% over the past year, which may temper investor enthusiasm.
In the broader market context, the stock has outperformed the benchmark Sensex, which has declined by 1.59% over the past week, while JP Power Ventures has shown a positive return. This performance is indicative of the stock's resilience in the face of broader market challenges. The stock's liquidity remains adequate, allowing for trades of significant size, which supports its market activity. Overall, while the stock has demonstrated strong long-term growth and outperformance against benchmarks, the recent decline in profits and investor participation may be contributing factors to its fluctuating price movements.