Why is SJVN falling/rising?

As of 02-Jul, SJVN Ltd. is experiencing a decline in its stock price, currently at Rs 98.85, reflecting a decrease of Rs 1.6 or 1.59%. The stock has underperformed its sector by 1.32% today and has fallen after three consecutive days of gains. It touched an intraday low of Rs 98.15, marking a 2.29% drop. Over the past week, the stock has decreased by 1.89%, while it has seen a modest increase of 1.20% over the past month. However, the stock has significantly underperformed over the past year, with a return of -24.54% compared to a 5.00% gain in the benchmark. The company's weak long-term fundamentals, 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, contribute to the negative sentiment surrounding the stock.
In the broader market context, SJVN's recent performance contrasts sharply with the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. The stock's liquidity remains adequate for trading, but a significant drop in delivery volume by 45.92% against the five-day average indicates falling investor participation. Additionally, the company's negative financial results, including a PAT of Rs -127.60 crore and a low return on equity of 8.76%, further exacerbate investor concerns. Overall, the combination of weak financial performance, declining investor interest, and underperformance relative to the market contributes to the downward pressure on SJVN's stock price.