Why is Indian Energy Ex falling/rising?

As of 14-Aug, Indian Energy Exchange Ltd's stock price is currently at 140.25, reflecting a decrease of 0.8, or 0.57%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite this recent decline, the stock has shown a positive performance over the past week, increasing by 4.98%, while it has significantly underperformed over the longer term, with a 32.28% drop over the past month and a 24.70% decline over the past year. The stock's moving averages indicate that it is currently higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 5.69% against the 5-day average, suggesting some underlying interest despite the price drop.
In the broader market context, the Indian Energy Exchange Ltd's recent performance contrasts with the Sensex, which has seen a slight decline of 0.03% over the past week. The company's fundamentals remain strong, with a high return on equity of 38.92% and a low debt-to-equity ratio, indicating financial stability. Furthermore, the company has reported positive results for the last four consecutive quarters, which may support investor confidence. High institutional holdings at 52.66% also suggest that knowledgeable investors are backing the stock, as their stake has increased by 2.39% over the previous quarter. However, the stock's significant declines over longer periods may be causing caution among investors, contributing to its current price movement.