Why is Suzlon Energy falling/rising?

As of 09-Jul, Suzlon Energy Ltd's stock price is currently at 65.92, reflecting a decline of 0.34 or 0.51%. The stock has experienced a trend reversal, falling after four consecutive days of gains. Despite this recent dip, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Over the past week, the stock has risen by 1.62%, although it has seen a decline of 1.82% over the past month. The company has reported strong financial performance, with a significant growth in net sales and operating profit, alongside a remarkable increase in net profit of 204.56%. However, the recent drop in delivery volume by 13.33% compared to the 5-day average suggests a decrease in investor participation, which may be contributing to the stock's current decline.
In the broader market context, while Suzlon Energy's recent performance has been positive, it has underperformed against the benchmark Sensex over the past month, which has increased by 1.32%. Despite this, the stock has shown impressive returns over the longer term, outperforming the BSE500 consistently over the last three years. The company's high institutional holdings at 31.77% indicate confidence from larger investors, which can be a positive sign for future performance. However, the stock's high valuation metrics, including a Price to Book Value of 14.7, may raise concerns among investors about its sustainability, especially given the recent profit growth and a low PEG ratio of 0.2.