Why is SJVN falling/rising?

As of 24-Jul, SJVN Ltd. is experiencing a decline in its stock price, currently at 98.55, reflecting a decrease of 0.25 (-0.25%). The stock has been on a downward trend, having fallen for the last three days and showing a total return of -0.50% over the past week. Additionally, the stock's performance has been weak over the longer term, with a year-to-date decline of -5.60% and a significant drop of -31.70% over the past year. The company has also reported a weak long-term fundamental strength, 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, indicating challenges in servicing its debt. Furthermore, the recent financial results have shown a substantial decline in profit after tax and operating profit relative to interest, contributing to negative sentiment around the stock.
In the broader market context, SJVN's short-term performance has underperformed compared to the benchmark, with the Sensex showing a slight decline of -0.09% over the same week. While SJVN has outperformed its sector by 0.83% today, the overall trend remains negative, particularly given its significant underperformance relative to the market over the past year, where it has generated returns of -31.70% compared to the BSE500's positive return of 0.99%. The falling investor participation, with a 24.5% drop in delivery volume, further indicates a lack of confidence among investors, which is likely contributing to the stock's current downward trajectory.