Why is Hitachi Energy falling/rising?

As of 19-Aug, Hitachi Energy India Ltd's stock price is currently at Rs 19,694.90, reflecting a decrease of Rs 230.1, or 1.15%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total decline of 6.83%. In terms of performance, the stock has underperformed its sector by 1.16% today and has a one-week return of -4.89%, contrasting with a positive return of 1.76% for the Sensex. Despite this short-term decline, the stock has shown strong long-term growth, with a year-to-date increase of 37.05% and a remarkable 472.45% rise over the past three years. The company has maintained a low debt-to-equity ratio and has reported positive results for the last six consecutive quarters, which may support its long-term value despite the recent price drop.
Broader market context indicates that while Hitachi Energy's stock has faced short-term challenges, it has consistently outperformed the broader market over longer periods. The Sensex has shown a modest gain of 4.49% year-to-date, while Hitachi Energy has significantly outpaced this with a 37.05% increase. However, the recent decline in the stock's price may reflect broader market volatility or sector-specific issues, as evidenced by its underperformance relative to the benchmark in the short term. The increase in foreign institutional investors' holdings suggests a level of confidence in the company's future prospects, which could stabilize the stock in the longer term despite current fluctuations.