Why is CESC falling/rising?

As of 16-Jul, CESC Ltd's stock price is currently at 181.20, reflecting a decrease of 0.65, or 0.36%. The stock has recently underperformed its sector by 0.64% and has experienced a trend reversal, falling after two consecutive days of gains. Despite trading above its moving averages across various time frames, the stock has seen a decline in investor participation, with delivery volume dropping by 8.88% compared to the five-day average. Over the past year, CESC has generated a modest return of 0.69%, while profits have decreased by 0.5%. The stock is considered to have an attractive valuation, trading at a discount to its peers, and benefits from high institutional holdings, which may provide some stability.
In the broader market context, CESC's short-term performance over the past week shows a slight increase of 0.25%, contrasting with the Sensex's decline of 1.08%. While the stock has outperformed the benchmark in the long term, including a 144.20% return over three years, its year-to-date performance is lagging at a decline of 2.48% compared to the Sensex's gain of 5.75%. This mixed performance indicates that while CESC has strong long-term potential, recent trends and declining investor interest may be contributing to its current price movement.