Why is NHPC Ltd falling/rising?

As of 04-Sep, NHPC Ltd is currently priced at 78.10, reflecting a decline of 1.29, or 1.62%. The stock has underperformed its sector by 0.45% today and has experienced a consecutive fall over the last two days, resulting in a total decrease of 1.72% during this period. Additionally, NHPC Ltd is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 56.52% compared to the 5-day average. The company's high Debt to EBITDA ratio of 5.02 times and low profitability, as indicated by a Return on Equity of 9.57%, further contribute to the negative sentiment surrounding the stock.
In the broader market context, NHPC Ltd's performance has lagged behind the benchmark, with a 1-month return of -6.47% compared to the Sensex's slight decline of 0.37%. Over the past year, NHPC Ltd has generated a return of -20.89%, significantly underperforming the market, which saw a decrease of only 1.98%. Despite having high institutional holdings that have increased by 0.53% over the previous quarter, the company's poor long-term growth prospects and high debt levels have overshadowed these positive factors, leading to a continued decline in stock price.