Why is NHPC Ltd falling/rising?

As of 29-Aug, NHPC Ltd's stock price is currently at 77.29, reflecting a decrease of 1.07 or 1.37%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.29% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline over the past month and year, with returns of -8.03% and -18.68%, respectively. Despite a high institutional holding of 21.08%, which has increased slightly, the company's high Debt to EBITDA ratio of 5.02 times and poor long-term growth metrics, such as a net sales growth rate of only 1.38% over the last five years, contribute to negative sentiment surrounding the stock.
In the broader market context, NHPC Ltd has underperformed compared to the benchmark Sensex, which has seen a decline of only 1.84% over the past week, while NHPC Ltd's decline was more pronounced at -4.32%. The stock's liquidity remains adequate for trading, but a decrease in delivery volume by 5.8% against the 5-day average suggests waning investor interest. The company's flat financial results and low return on equity further exacerbate concerns about its profitability and growth potential, leading to a more significant decline in stock price compared to the overall market performance.