Why is REC Ltd falling/rising?

As of 04-Sep, REC Ltd's stock price is currently at 364.30, reflecting a decrease of 3.6, or 0.98%. The stock has recently underperformed its sector by 1.39% and is close to its 52-week low, being just 4.3% away from Rs 348.65. Over the past week, the stock has shown a positive return of 2.65%, but it has declined by 7.41% over the past month and 41.57% over the past year. Despite strong long-term fundamentals indicated by a high return on equity (ROE) of 19.72% and a high dividend yield of 5.19%, the stock's recent performance has been hampered by falling investor participation, with delivery volume dropping significantly by 50.69% against the 5-day average.
In the broader market context, REC Ltd's short-term performance has outpaced the Sensex, which has only increased by 0.80% over the past week. However, the stock's year-to-date performance is notably poor, with a decline of 27.22% compared to the Sensex's gain of 3.30%. The stock's recent trend reversal, following three consecutive days of gains, suggests a potential shift in investor sentiment. High institutional holdings at 34.72% may provide some stability, but the overall downward trend in the stock price indicates that market conditions and investor confidence are currently unfavorable.