Why is Suzlon Energy falling/rising?

As of 17-Jul, Suzlon Energy Ltd is currently priced at 66.28, reflecting a decrease of 0.76, or 1.13%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of 1.32%. Despite this short-term dip, the stock has shown positive performance over longer periods, with a 1-week return of 0.47% and a 1-month return of 2.81%. The company has demonstrated strong fundamentals, including a significant growth in net profit of 204.56% and consistent positive results over the last two quarters, which supports a healthy long-term outlook. Additionally, high institutional holdings at 31.77% indicate confidence from more knowledgeable investors, which could stabilize the stock despite recent declines.
In the broader market context, Suzlon Energy's recent performance contrasts with the Sensex, which has seen a decline of 1.12% over the past week. While the stock has underperformed its sector by 0.35% today, it has outperformed the benchmark over longer periods, generating 18.63% returns in the last year compared to the Sensex's 1.91%. This indicates that while the stock is currently experiencing a downturn, its overall trajectory remains positive relative to the market, supported by strong growth metrics and rising investor participation.