Why is SJVN falling/rising?

As of 24-Jun, SJVN Ltd. is currently priced at 98.50, reflecting an increase of 0.34 (0.35%). The stock has been gaining for the last three days, with a total return of 5.36% during this period. Despite this recent uptick, the stock has underperformed over the longer term, showing a decline of 1.87% over the past month and a significant drop of 24.95% over the last year. The company faces challenges such as a weak long-term fundamental strength indicated by a -1.42% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.45 times, which limits its ability to service debt. Additionally, the recent negative financial results, including a PAT of -127.60 cr, have contributed to concerns about profitability, further impacting investor sentiment.
In the broader market context, SJVN's short-term performance has outpaced the benchmark Sensex, which has gained 0.58% over the past week compared to SJVN's 1.06%. However, the stock's year-to-date performance is concerning, with a decline of 5.65% while the Sensex has increased by 5.01%. This underperformance highlights the stock's struggles relative to the market, despite recent gains. The liquidity of the stock appears adequate, with a delivery volume increase of 34.46% against the five-day average, suggesting some rising investor participation. Nonetheless, the overall negative financial indicators and the company's weak profitability metrics continue to overshadow its recent price movements.