Why is Guj Inds. Power falling/rising?

As of 11-Jul, Gujarat Industries Power Co Ltd is experiencing a decline in its stock price, currently at 211.85, reflecting a decrease of 3.35 or 1.56%. The stock has underperformed its sector by 1.28% today and has been on a consecutive downward trend for the last three days, resulting in a total drop of 4.08% during this period. Additionally, the stock's performance over the past week shows a decline of 1.30%, while it has decreased by 6.88% year-to-date and 16.31% over the past year. Despite having a low Debt to Equity ratio and positive financial results declared in March 2025, the stock is trading at a premium compared to its peers, which may contribute to its current price movement. Furthermore, a notable decrease in investor participation, with delivery volume falling by 27.17% against the 5-day average, suggests reduced market interest.
In the broader market context, the stock's short-term performance has been weaker than the benchmark Sensex, which has declined by only 1.12% over the same week. While the company has shown some positive indicators, such as rising promoter confidence with a 1.14% increase in stake, the overall negative returns over the past year and the recent consecutive falls indicate a challenging environment for the stock. The stock's liquidity remains adequate for trading, but the combination of underperformance relative to the benchmark and declining investor engagement likely contributes to the current downward trend in its price.