Why is Guj Inds. Power falling/rising?

As of 16-Jul, Gujarat Industries Power Co Ltd is experiencing a slight decline in its stock price, currently at 215.65, which reflects a change of -0.2 or -0.09%. The stock has underperformed its sector by 0.37% today and has fallen after two consecutive days of gains. Additionally, the stock's delivery volume has decreased significantly, down by 61.22% compared to the 5-day average, indicating a drop in investor participation. Over the past week, the stock has decreased by 1.44%, while it has shown a positive return of 6.13% over the past month. However, it has underperformed on a year-to-date basis with a decline of 5.21% compared to the Sensex's gain of 5.75%. The company has a low debt-to-equity ratio and has recently reported positive results after two negative quarters, which may provide some support for the stock despite its current decline.
In the broader market context, the stock's recent performance has been weaker than the benchmark, as it has underperformed the Sensex by 1.44% over the past week. While the stock has shown strong returns over a three-year period, with an increase of 176.30%, its one-year performance has been disappointing, with a decline of 16.12%. The stock is currently trading at a premium compared to its peers, and although profits have risen by 6.5% over the past year, the high PEG ratio of 4.2 suggests that the stock may be overvalued relative to its growth. This combination of factors, including recent price movements and broader market performance, contributes to the current downward trend in Gujarat Industries Power Co Ltd's stock price.