Why is SJVN falling/rising?

As of 08-Jul, SJVN Ltd. is currently priced at 99.15, reflecting an increase of 0.4, or 0.41%. The stock has been gaining for the last three days, with a total return of 1.07% during this period. However, it has underperformed its sector by 0.35%. Over the past week, SJVN has seen a decline of 1.29%, and its performance over the last month shows a drop of 4.41%. The stock's long-term fundamentals are weak, evidenced 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. Additionally, the company reported negative results in March 2025, with a significant drop in PAT and a low operating profit to interest ratio, which contributes to its perception as a strong sell.
In the broader market context, SJVN has significantly underperformed compared to the benchmark, with a one-year return of -30.69% against the Sensex's gain of 4.69%. This stark contrast highlights the stock's struggles in a generally positive market environment. Despite the recent uptick in price, the overall trend indicates a lack of investor confidence, as evidenced by a 21.94% decrease in delivery volume compared to the five-day average. The stock's liquidity remains adequate for trading, but the negative long-term outlook and recent performance suggest that the rise in price may not be sustainable without substantial improvements in its financial health.