Why is NTPC Green Ene. falling/rising?

As of 24-Sep, NTPC Green Energy Ltd is currently priced at 102.40, reflecting a decrease of 0.6, or 0.58%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 1.59% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite this, the company has shown strong long-term growth potential, with net sales increasing at an annual rate of 245.20% and operating profit growing at 219.27%. The recent positive quarterly results, including a significant growth in profit before tax and net sales, suggest that the company is performing well operationally, which could provide some support to the stock price.
In the broader market context, NTPC Green Energy's performance over the past week has been worse than the benchmark Sensex, which has declined by 1.18% compared to the stock's 1.63% drop. The renewable energy sector as a whole has also faced challenges, with a decline of 2.19%. However, there has been a notable increase in investor participation, with delivery volume rising by 207.53% against the 5-day average, indicating growing interest despite the stock's recent struggles. This liquidity suggests that while the stock is currently facing downward pressure, there may be underlying investor confidence in its long-term growth potential.