Why is Guj Inds. Power falling/rising?

As of 04-Jul, Gujarat Industries Power Co Ltd is experiencing a decline in its stock price, currently at 214.65, down by 1.35 or 0.62%. The stock has underperformed its sector by 0.38% today, despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 3.70%, but it has a year-to-date decline of 5.65% and a one-year return of -11.43%. Notably, the company has seen a significant drop in investor participation, with delivery volume falling by 56.81% compared to the 5-day average. However, the company has declared positive results for March 2025, indicating a recovery in its financial performance after two consecutive negative quarters, which may provide some support for the stock.
In the broader market context, the Sensex has shown a slight decline of 0.74% over the past week, while Gujarat Industries Power has outperformed this benchmark. The company's recent performance is bolstered by rising promoter confidence, as they have increased their stake by 1.14%, indicating a belief in the company's future prospects. Despite the stock trading at a premium compared to its peers and a fair valuation with a Price to Book Value of 1, the overall negative returns over the past year and falling investor participation may be contributing to the current price decline.