Why is NTPC Green Ene. falling/rising?

As of 28-Aug, NTPC Green Energy Ltd is currently priced at 103.20, reflecting an increase of 0.55, or 0.54%. The stock has been gaining for the last two days, with a total return of 1.28% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term. Despite a decline of 3.69% over the past month and an 18.87% drop year-to-date, the company has shown strong fundamentals, with net sales growing at an annual rate of 245.20% and operating profit increasing at 219.27%. The positive results declared in the last two quarters, including a significant growth in profit before tax and profit after tax, contribute to a healthy long-term outlook, which may support the recent price increase.
In the broader market context, NTPC Green Energy Ltd has outperformed its sector by 1.94% today, even as the benchmark Sensex has declined by 2.34% over the past week. This indicates that while the stock is experiencing short-term gains, it has underperformed relative to the benchmark over the longer term, with a year-to-date decline compared to the Sensex's increase of 2.48%. The falling investor participation, as evidenced by a decrease in delivery volume, may suggest caution among investors, despite the company's strong sales growth and positive quarterly results. Overall, the stock's recent upward movement appears to be driven by positive earnings reports and a temporary outperformance against the sector, even as it faces longer-term challenges reflected in its price relative to moving averages and broader market trends.