Why is JP Power Ven. falling/rising?

As of 30-Jul, Jaiprakash Power Ventures Ltd is experiencing a slight decline in its stock price, currently at 21.44, reflecting a change of -0.05 or -0.23%. The stock has fallen after two consecutive days of gains, and its performance today is in line with the sector. Despite being above the 5-day, 50-day, 100-day, and 200-day moving averages, it is below the 20-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 21.03% compared to the 5-day average. Over the past week, the stock has decreased by 0.37%, while it has shown a strong performance over the longer term, with a 21.06% increase year-to-date and a remarkable 234.48% increase over the past three years. However, it is important to note that profits have fallen by 40.6% over the past year, despite the stock generating a return of 10.97%.
In the broader market context, the stock has outperformed the benchmark Sensex in both the short and long term, with a 1-month return of +17.16% compared to the Sensex's -2.54%. This indicates that while the stock is currently facing a minor setback, its overall performance remains strong relative to the market. The healthy long-term growth, indicated by an annual operating profit growth rate of 22.33%, and a fair valuation compared to peers, suggest that the stock is positioned well for future performance. However, the recent decline in profits may be contributing to the current downward movement, despite the stock's historical outperformance.