Why is TPI India falling/rising?

As of 24-Jul, TPI India Ltd's stock price is currently at 15.12, reflecting a slight increase of 0.05 or 0.33%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 0.29% today. However, despite this short-term gain, the stock has underperformed significantly over longer periods, with a year-to-date decline of 24.40% and a one-year return of -29.08%. The company is facing challenges, including a negative book value and high debt levels, which contribute to its weak long-term fundamental strength. Additionally, while net sales have fallen by 9.3% in the most recent quarter, the stock's trading activity has seen a notable increase in delivery volume, suggesting rising investor participation.
In the broader market context, TPI India's recent performance contrasts sharply with the benchmark Sensex, which has shown a slight increase of 0.16% over the past month. The stock's performance over the last week has been particularly poor, with a decline of 14.77%, while the Sensex has remained relatively stable with only a 0.09% drop. This underperformance highlights the stock's volatility and the risks associated with its negative book value and high debt-to-equity ratio, which may deter long-term investors despite the recent uptick in trading volume.