Why is Gita Renewable falling/rising?

As of 24-Sep, Gita Renewable Energy Ltd is experiencing a decline in its stock price, currently at 110.45, which reflects a decrease of 1.45 or 1.3%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 2.47% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite this, the stock has outperformed its sector by 0.93% today, and there has been a notable increase in investor participation, with delivery volume rising by 73.66% compared to the 5-day average. However, the stock's year-to-date performance shows a significant decline of 26.61%, contrasting sharply with the Sensex, which has gained 4.58% over the same period.
In the broader market context, Gita Renewable's short-term performance has been weaker than the benchmark, as it has declined by 2.94% over the past week compared to the Sensex's drop of only 1.18%. This underperformance is further highlighted by the stock's year-over-year decline of 32.34%, while the Sensex has only decreased by 3.77%. The overall sector, Power Generation/Distribution, has also seen a decline of 2.2%, contributing to the negative sentiment surrounding Gita Renewable. The combination of these factors suggests that while there is some positive movement in terms of investor participation, the overall trend remains negative, leading to the stock's current decline.