Why is BHEL falling/rising?

As of 17-Sep, Bharat Heavy Electricals Ltd. (BHEL) is experiencing a price increase, currently at 234.25, reflecting a change of 2.15 or 0.93% upward. The stock has shown positive performance over the last three days, gaining 2.43% during this period, although it underperformed its sector by 0.3% today. In terms of returns, BHEL has performed well over the past week with a 6.50% increase, while the one-month return stands at 5.78%. However, the stock has a concerning annual return of -11.55%, indicating a longer-term decline. The company benefits from a low debt-to-equity ratio and healthy long-term growth in operating profit, but it also faces challenges with a significant drop in profit after tax and low operating profit to interest ratios, which may weigh on investor sentiment.
In the broader market context, BHEL's recent performance contrasts with the benchmark Sensex, which has increased by 1.56% over the past week. While BHEL's short-term returns are strong compared to the benchmark, its year-to-date performance of 2.16% lags behind the Sensex's 5.83%. The stock's high institutional holdings suggest confidence from more knowledgeable investors, yet the significant decline in delivery volume indicates a potential decrease in retail investor interest. Overall, while there are positive indicators for BHEL, the negative financial metrics and recent underperformance against its sector may contribute to a cautious outlook among investors.