Why is Suzlon Energy falling/rising?

As of 28-Aug, Suzlon Energy Ltd is experiencing a decline in its stock price, currently at 56.33, which reflects a decrease of 0.61 or 1.07%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 3.73%. Over the past week, the stock has dropped by 3.16%, and in the last month, it has decreased by 7.44%. Despite showing healthy long-term growth with a significant increase in net sales and operating profit, the stock's recent performance is overshadowed by a very expensive valuation and decreasing promoter confidence, as promoters have reduced their stake by 1.51% in the last quarter.
In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has only declined by 2.34% over the past week. While the BSE500 index has shown a negative return of 5.01% over the last year, Suzlon Energy's return has been significantly worse at -28.69%. This stark contrast indicates that the stock is not only struggling in the short term but also lagging behind the market, contributing to a lack of investor confidence. The falling delivery volume and the stock trading below all key moving averages further highlight the challenges Suzlon Energy faces in regaining momentum in the market.