Why is Reliance Infra. falling/rising?

As of 27-Jun, Reliance Infrastructure Ltd's stock price is currently at 413.40, reflecting a decrease of 4.1 points or 0.98%. The stock recently reached a new 52-week high of Rs. 425 but has fallen after four consecutive days of gains. Today, it underperformed its sector by 1.97%, and the stock touched an intraday low of Rs. 405. Despite this decline, the stock has shown impressive performance over various periods, with a 109.21% return over the past year and a 344.76% increase over the last three years. Positive factors contributing to the stock's valuation include a high return on capital employed (ROCE) of 44.10%, a low debt-equity ratio of 0.44, and a significant increase in promoter stake, indicating confidence in the company's future.
In the broader market context, Reliance Infrastructure's short-term performance has outpaced the benchmark Sensex, which has only increased by 2.00% over the past week, while Reliance's stock rose by 10.76% in the same period. However, the recent price decline may reflect profit-taking after reaching a high point, despite the overall positive sentiment and strong fundamentals of the company. The stock remains liquid enough for trading, with rising investor participation noted in the delivery volume, suggesting ongoing interest despite the current downturn.