Why is Guj Inds. Power falling/rising?

As of 15-Oct, Gujarat Industries Power Co Ltd is experiencing a decline in its stock price, currently at 175.95, down by 0.7 or 0.4%. The stock has underperformed its sector by 1.62% today and has been on a consecutive downward trend for the last three days, resulting in a total return decline of 4.38% during this period. Over the past week, the stock has decreased by 2.76%, and its year-to-date performance shows a significant drop of 22.66%. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 0.88 times, the stock is trading at a premium compared to its peers, and its profits have fallen by 3.7% over the past year, contributing to the negative sentiment surrounding the stock.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex gaining 1.02% over the past week while Gujarat Industries Power has lost 2.76%. The stock has also underperformed the market over the last year, with a return of -22.86% compared to the BSE500's -1.87%. Additionally, there has been a decline in institutional investor participation, which has decreased by 0.8% in the previous quarter, indicating a lack of confidence among more knowledgeable investors. This combination of poor long-term growth, flat financial results, and declining institutional interest has contributed to the stock's recent downward movement.