Why is SJVN falling/rising?

As of 04-Nov, SJVN Ltd. is experiencing a decline in its stock price, currently at 87.34, which represents a decrease of 0.64 or 0.73%. The stock has been underperforming recently, having fallen for the last four consecutive days, resulting in a total decline of 1.75% during this period. Additionally, SJVN's performance over the past week shows a decrease of 0.93%, and it has significantly underperformed the market over the last month and year, with returns of -4.50% and -21.67%, respectively. The company has reported negative results for the last three consecutive quarters, with a notable drop in profit after tax and a low return on capital employed, which contributes to a perception of poor long-term growth.
In the broader market context, SJVN's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 1.38% over the past week but has gained 2.77% over the last month. This indicates that while the market has been relatively stable, SJVN has struggled significantly. The stock's liquidity remains adequate, but a notable decrease in delivery volume suggests waning investor interest. Overall, the combination of negative financial results, poor growth metrics, and a lack of investor participation has led to the stock's downward trajectory, reinforcing its classification as a strong sell.