Why is Advait Energy falling/rising?

As of 06-Nov, Advait Energy Transitions Limited's stock price is currently at Rs 1,710.05, reflecting a decrease of Rs 47.4 or 2.7%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 4.05% over the past week. Today's performance indicates that it underperformed its sector by 0.48%, with an intraday low of Rs 1,690, which is a drop of 3.84%. While the company has shown healthy long-term growth with significant increases in net sales and operating profit, it is facing challenges such as a very expensive valuation and a lack of domestic mutual fund investment, which may contribute to investor hesitation. In the broader market context, the stock's recent performance contrasts with the Sensex, which has only declined by 1.30% over the past week. Despite Advait Energy's strong year-to-date return of 12.08%, the stock's one-year return is negative at -4.89%, indicating a struggle to maintain momentum compared to the benchmark's positive 3.65% return. The overall sector, Power Generation/Distribution, has also seen a decline of 2.23%, which may further impact investor sentiment towards Advait Energy. The combination of these factors suggests that while the company has potential for growth, current market conditions and valuation concerns are leading to a downward pressure on its stock price.