Why is NHPC Ltd falling/rising?

As of 18-Jul, NHPC Ltd's stock price is currently at 86.89, reflecting a decrease of 0.98, or 1.12%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.87%. Additionally, it has underperformed its sector by 0.42% today. Over the past week, the stock has decreased by 1.35%, while it has shown a positive return of 5.24% over the last month. Despite these recent declines, NHPC Ltd has a strong long-term performance, with a 3-year return of 153.69% and a 5-year return of 333.37%. The stock's liquidity remains adequate, but there has been a notable drop in investor participation, with delivery volume falling by 51.47% compared to the 5-day average. High institutional holdings at 20.55% indicate confidence from larger investors, who have increased their stake by 0.6% over the previous quarter.
In the broader market context, NHPC Ltd's recent performance contrasts with the Sensex, which has seen a decline of 0.90% over the past week. While NHPC Ltd has outperformed the benchmark over the longer term, its short-term struggles highlight a divergence in performance. The stock's recent underperformance may be attributed to falling investor participation and a decline in daily returns, despite the positive sentiment from institutional investors. Overall, while NHPC Ltd has demonstrated strong historical returns, its current price movement reflects short-term challenges that are impacting investor confidence.