Why is SJVN falling/rising?

As of 30-Jun, SJVN Ltd. is experiencing a price increase, currently at 100.41, with a change of 0.48 (0.48%) upward. The stock has shown positive performance recently, outperforming its sector by 0.56% today and gaining 0.61% over the last two days. In terms of returns, SJVN has increased by 2.29% over the past week and 4.22% over the past month, while it has underperformed year-to-date with a decline of 3.82%. Despite these short-term gains, the company faces significant long-term challenges, including 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 indicates a low ability to service debt. Additionally, the company reported negative results in March 2025, with a substantial drop in PAT and a low operating profit to interest ratio, contributing to its overall weak financial fundamentals.
In the broader market context, SJVN's recent performance has been relatively strong compared to the benchmark, as it has outperformed the Sensex in both the 1-week and 1-month periods. However, it is important to note that the stock has significantly underperformed over the past year, with a return of -23.67% compared to the Sensex's gain of 5.79%. This stark contrast highlights the challenges SJVN faces despite its recent price increase, as it continues to grapple with weak long-term fundamentals and a high valuation relative to its peers.