Why is Suzlon Energy falling/rising?

As of 10-Jul, Suzlon Energy Ltd is currently priced at 65.97, reflecting a slight increase of 0.05 or 0.08%. The stock has shown a mixed performance recently, underperforming its sector by 0.25% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 1.15%, while it has experienced a decline of 3.40% over the past month. However, it has demonstrated strong long-term growth with a 20.32% return over the past year and an impressive 979.73% increase over the last three years. Positive factors contributing to its recent price movement include a significant growth in net profit and sales, as well as high institutional holdings, which suggest confidence from larger investors. Conversely, the stock's high valuation metrics, such as a ROE of 33.9 and a Price to Book Value of 14.7, may raise concerns about its sustainability.
In the broader market context, while the Sensex has shown a slight decline of 0.06% over the past week, Suzlon's performance has been relatively strong, indicating resilience against market trends. The stock's year-to-date return of 6.01% is slightly below the Sensex's 6.46%, suggesting that while it has performed well historically, it is currently facing some headwinds compared to the benchmark. The decline in delivery volume by 10.62% against the 5-day average may also indicate a reduction in investor participation, which could impact future price movements. Overall, while Suzlon Energy has demonstrated strong fundamentals and growth potential, its recent underperformance in the sector and declining investor participation may be contributing to a cautious outlook.