Why is Adani Power falling/rising?

As of 18-Jul, Adani Power Ltd's stock price is currently at 594.50, reflecting a decrease of 4.0 points or 0.67%. The stock has been experiencing a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 2.46% during this period. Despite this recent downturn, the stock has shown positive long-term growth, with net sales increasing at an annual rate of 16.25% and operating profit growing at 44.71%. However, the stock's delivery volume has significantly decreased by 42.82% compared to the 5-day average, indicating a drop in investor participation, which may contribute to the current price decline.
In the broader market context, Adani Power's short-term performance over the past week shows a decline of 1.58%, which is worse than the benchmark Sensex's decrease of 0.90%. While the stock has outperformed the Sensex over longer periods, such as a 12.35% year-to-date increase compared to the Sensex's 4.63%, the recent negative momentum and falling investor interest could be impacting its current price movement. The stock remains liquid enough for trading, but the combination of consecutive losses and reduced participation suggests a cautious sentiment among investors.