Why is NTPC Green Ene. falling/rising?

As of 29-Oct, NTPC Green Energy Ltd is experiencing a price increase, currently at Rs 105.03, reflecting a rise of Rs 3.5 or 3.45%. The stock has shown strong performance today, outperforming its sector by 0.8%, and has gained consecutively over the last two days with a total return of 3.94% during this period. The stock has also reached an intraday high of Rs 105.2. Additionally, NTPC Green Energy is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported impressive growth metrics, including a 245.20% annual increase in net sales and a 219.27% rise in operating profit, contributing to a favorable outlook.
In the broader market context, NTPC Green Energy's one-week return of 4.49% significantly outpaces the Sensex's gain of 0.68%, and its one-month return of 8.00% also exceeds the benchmark's 5.76%. This strong performance is supported by rising investor participation, with a notable increase in delivery volume, which has risen by 63.3% against the 5-day average. The renewable energy sector as a whole has gained by 2.65%, further bolstering NTPC Green Energy's position. Despite a year-to-date decline of 17.43%, the company's recent positive financial results and strong growth indicators suggest a recovery trend that is resonating well with investors.