Why is GE Vernova T&D falling/rising?

As of 12-Aug, GE Vernova T&D India Ltd is experiencing a slight decline in its stock price, currently at Rs 2,795.30, reflecting a decrease of 4.35 points or 0.16%. The stock has been losing value for the past two days, with a total drop of 0.34% during this period. Despite this recent downturn, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer timeframe. Over the past month, the stock has increased by 20.24%, significantly outperforming the Sensex, which has declined by 2.75%. The company has shown strong financial health, with a low Debt to EBITDA ratio of 1.00 times and impressive growth in net profit and operating profit, which have risen by 116.44% and 37.75% annually, respectively.
In the broader market context, while GE Vernova T&D has outperformed the Sensex in both the short and long term, it is important to note that the stock's recent performance has been somewhat subdued compared to its historical returns. The stock has generated a remarkable 64.91% return over the past year, yet it has faced a decline in investor participation, with delivery volume decreasing by 9.58% against the 5-day average. This drop in participation may contribute to the recent price decline, despite the company's strong fundamentals and high institutional holdings of 41.25%. Overall, while the stock remains a strong buy based on its financial metrics and consistent returns, the recent price movement reflects a combination of short-term selling pressure and reduced trading activity.