Why is NTPC Green Ene. falling/rising?

As of 13-Aug, NTPC Green Energy Ltd is experiencing a decline in its stock price, currently at Rs 100.65, which represents a decrease of Rs 1.9 or 1.85%. The stock has fallen after two consecutive days of gains, touching an intraday low of Rs 100.4. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has underperformed with a return of -3.50%, and it has also seen a significant decline of 10.25% over the past month. Despite these short-term challenges, the company has shown strong long-term growth, with net sales increasing at an annual rate of 245.20% and operating profit at 219.27%. The company has reported positive results in the last two quarters, with a PAT of Rs 220.48 crore growing at 85.5% compared to the previous four-quarter average.
In the broader market context, the Sensex has remained relatively stable with a negligible change of -0.01% over the past week. However, NTPC Green Energy Ltd's performance has been notably weaker, particularly with a year-to-date decline of 20.87% compared to the Sensex's gain of 3.07%. The renewable energy sector itself has faced a downturn, falling by 3.49%, which may have contributed to NTPC's struggles. Additionally, there has been a decrease in investor participation, with delivery volume dropping by 27.83% against the 5-day average, suggesting reduced interest in the stock. Despite its strong fundamentals and position as the second-largest company in the sector, these factors have led to a negative sentiment surrounding NTPC Green Energy Ltd's stock price.