Why is SJVN falling/rising?

As of 18-Jul, SJVN Ltd. is experiencing a slight decline in its stock price, currently at 98.90, reflecting a decrease of 0.15 (-0.15%). The stock has underperformed in the last two days, with a consecutive fall resulting in a total return of -0.2%. Despite outperforming its sector by 0.55% today, the stock's delivery volume has decreased by 17.39% compared to the five-day average, indicating falling investor participation. Over the past week, SJVN has shown a positive return of 1.18%, while its one-year performance remains significantly negative at -32.47%. The company's weak long-term fundamentals, characterized by a -1.42% CAGR growth in operating profits and a high Debt to EBITDA ratio of 5.45 times, contribute to its declining stock price.
In the broader market context, the Sensex has shown a negative return of -0.90% over the past week, while SJVN's performance is comparatively better at +1.18%. However, the stock has underperformed the market over the last year, with a return of -32.47% against the BSE500's -0.36%. The company's low return on equity of 8.76% and a recent negative PAT of -127.60 crore further exacerbate concerns regarding its profitability and valuation. Although the stock is trading at a discount compared to its peers, the overall negative sentiment and weak financial indicators suggest that the stock's price is likely to continue facing downward pressure.