Why is Reliance Infra. falling/rising?

As of 30-Jun, Reliance Infrastructure Ltd is experiencing a slight decline in its stock price, currently at Rs 412.85, reflecting a change of -0.55 (-0.13%). Despite this recent drop, the stock has shown strong performance over the past week, with a return of +9.18%, and a remarkable +24.80% over the past month. The stock is currently trading close to its 52-week high, just 2.94% away from Rs 425. However, it has faced a consecutive fall over the last two days, resulting in a total decline of -1.11% during this period. Positive factors contributing to its overall strength 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 confidence, with a 2.55% increase in stake over the previous quarter.
In the broader market context, Reliance Infrastructure's performance has significantly outpaced the benchmark Sensex, which has only increased by +2.09% over the past week and +2.65% over the past month. The stock's year-to-date return stands at +35.81%, compared to the Sensex's +7.00%, indicating strong relative performance. This consistent outperformance over the last three years, alongside a substantial increase in profits by 340.1% over the past year, suggests that while the stock may be facing short-term fluctuations, its long-term outlook remains positive, supported by rising investor participation and favorable financial metrics.