Why is NHPC Ltd falling/rising?

As of 19-Sep, NHPC Ltd's stock price is currently at 87.88, reflecting an increase of 0.79, or 0.91%. The stock has shown a positive trend recently, gaining 5.28% over the past week and 7.03% over the past month, while it has outperformed the benchmark Sensex, which rose by only 0.88% and 1.20% respectively in the same periods. Despite today's performance indicating a slight underperformance against its sector by 1.57%, the stock has gained after two consecutive days of decline. Additionally, NHPC Ltd is trading above its moving averages across various time frames, indicating a bullish trend. The company benefits from high institutional holdings at 21.08%, which have increased by 0.53% over the previous quarter, suggesting confidence from more knowledgeable investors.
In the broader market context, NHPC Ltd's year-to-date return of 8.90% significantly surpasses the Sensex's 5.74%, indicating strong relative performance. However, the stock's one-year return of -5.11% contrasts with the Sensex's slight decline of 0.67%, highlighting a longer-term challenge. The power generation sector has seen a gain of 2.48%, which may provide a supportive backdrop for NHPC Ltd's price movement. Nonetheless, a notable decline in investor participation, with delivery volume falling by 39.73% against the five-day average, could pose a concern for future price stability.