Why is Suzlon Energy falling/rising?

As of 25-Aug, Suzlon Energy Ltd is experiencing a decline in its stock price, currently at Rs 57.45, reflecting a decrease of Rs 1.06 or 1.81%. The stock has underperformed its sector by 0.5% today, reaching an intraday low of Rs 57.33. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 21.72% compared to the 5-day average. Over the past year, the stock has generated a return of -27.13%, which is considerably worse than the market's negative return of -2.11%. Despite healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive, and promoter confidence has waned, with a decrease in their stake.
In the broader market context, while the Sensex has shown a slight positive return of 0.45% over the past week, Suzlon Energy's performance has been negative, with a 1-week return of -0.97%. This underperformance is compounded by the company's significant decline over the past year, where it has not only lagged behind the market but also faced a substantial drop in stock value despite rising profits. The company's PEG ratio of 0.3 suggests that, although profits have increased, the stock is still perceived as overvalued compared to its peers. The combination of these factors contributes to the ongoing decline in Suzlon Energy's stock price.