Why is Power Grid Corpn falling/rising?

As of 04-Nov, Power Grid Corporation of India Ltd is experiencing a decline in its stock price, currently at Rs 279.00, reflecting a decrease of Rs 9.0 or 3.12%. The stock has underperformed its sector by 1.91% today and has been on a consecutive downward trend for the last four days, resulting in a total drop of 5.7% 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 trend. The company has also reported a significant decline in delivery volume, which has fallen by 36.97% against the 5-day average. Despite having a high institutional holding of 45.06%, the company faces challenges such as a high Debt to EBITDA ratio of 3.31 times and poor long-term growth, with operating profit growing at an annual rate of only 3.96% over the last five years. The recent negative financial results further exacerbate the situation, contributing to the stock's decline. In the broader market context, the stock has underperformed significantly compared to the benchmark, with a year-to-date return of -9.59% against the Sensex's gain of 6.81%. Over the past year, while the stock has generated a return of -11.48%, the market has shown a positive return of 5.94%. This stark contrast highlights the stock's struggles in a generally favorable market environment. The company's inability to service debt effectively and its low operating profit margins have led to a perception of an expensive valuation, further impacting investor sentiment negatively.