Why is Nagpur Power falling/rising?

As of 03-Jul, Nagpur Power & Industries Ltd is experiencing a decline in its stock price, currently at 123.00, reflecting a decrease of 0.5, or 0.4%. The stock's performance today is in line with the sector, but it is trading lower than the 5-day, 20-day, 50-day, and 200-day moving averages, while remaining higher than the 100-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 52.9% against the 5-day average. Over the past year, the stock has underperformed the market, generating a return of -25.02%, while the benchmark has seen a modest gain of 4.07%. Despite positive quarterly results showing substantial growth in profit before tax and net sales, the company faces challenges such as weak long-term fundamental strength, a low return on equity of 3.21%, and a poor ability to service its debt.
In the broader market context, while the stock has shown impressive returns over a 3-year and 5-year period, its recent performance has lagged significantly behind the benchmark indices. The stock's negative return of -25.02% over the past year starkly contrasts with the BSE500's positive return of 2.20%. This underperformance, coupled with an expensive valuation relative to its peers and weak long-term growth prospects, suggests that investors are cautious about the stock's future potential, contributing to its current downward price movement.