Why is SJVN falling/rising?

As of 25-Sep, SJVN Ltd. is experiencing a decline in its stock price, currently at 91.98, which reflects a decrease of 0.48 or 0.52%. The stock has been on a downward trend, losing value for the last four consecutive days, resulting in a total decline of 2.63% during this period. Additionally, SJVN's performance over the past month shows a significant drop of 7.34%, while its year-to-date performance is down by 11.90%. The company has reported negative results for the last three consecutive quarters, with a notable decrease in profit after tax and a low return on capital employed, which has contributed to a perception of poor long-term growth. The stock is also trading below all its moving averages, indicating a bearish trend, and there has been a decrease in investor participation, with delivery volume falling by 22.59% against the five-day average.
In the broader market context, SJVN's recent performance contrasts with the benchmark Sensex, which has shown a decline of 2.23% over the past week. While SJVN's short-term performance is slightly better than the benchmark, its long-term returns are significantly worse, with a 27.52% drop over the past year compared to the Sensex's decline of only 4.71%. This underperformance in relation to the market, combined with the company's financial struggles and high debt-equity ratio, suggests a challenging environment for SJVN, leading to a negative sentiment among investors and contributing to the stock's recent decline.