Why is BHEL falling/rising?

As of 11-Aug, Bharat Heavy Electricals Ltd. (BHEL) is experiencing a decline in its stock price, currently at 221.40, reflecting a decrease of 1.3 points or 0.58%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total return of -10.74% during this period. Additionally, BHEL's performance over the past week shows a significant decline of 8.29%, and over the past month, it has dropped by 14.40%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the company reported a substantial loss in profit after tax and operating profit to interest ratio, contributing to its negative sentiment among investors.
In the broader market context, BHEL's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.51% over the past week and 2.30% over the past month. This stark difference highlights BHEL's significant underperformance, particularly as it has generated a return of -26.76% over the past year compared to the Sensex's modest gain of 1.13%. The high institutional holdings in BHEL, which have increased by 1.32% over the previous quarter, suggest some level of confidence from larger investors; however, the overall market sentiment remains negative due to the company's recent financial struggles and high valuation compared to its peers.