Why is SJVN falling/rising?

As of 14-Jul, SJVN Ltd. is currently priced at 98.50, reflecting an increase of 0.75 or 0.77%. The stock has shown a positive trend recently, gaining 0.92% over the last two days and performing in line with its sector. However, despite this short-term gain, the stock has underperformed significantly over the past year, with a decline of 34.66% compared to the benchmark's positive return of 2.15%. The company faces challenges such as weak long-term fundamental strength, a high Debt to EBITDA ratio of 5.45 times, and a low Return on Equity of 8.76%, which contribute to its overall negative performance.
In the broader market context, while SJVN has seen a slight uptick in price recently, it has lagged behind the benchmark index, which has shown a positive return of 1.40% over the past month. The stock's liquidity is adequate, with a notable increase in delivery volume, indicating rising investor participation. However, the company's financial struggles, including a significant drop in profit after tax and a low operating profit to interest ratio, suggest that the recent price movement may not be sustainable in the long term. Overall, despite the recent gains, SJVN's ongoing fundamental weaknesses and historical underperformance relative to the market raise concerns about its future trajectory.