Why is Reliance Infra. falling/rising?

As of 01-Jul, Reliance Infrastructure Ltd's stock price is currently at 405.80, reflecting a decrease of 7.05 points or 1.71%. The stock has been underperforming recently, having fallen for the last three days and showing a total decline of 2.8% during this period. Despite this recent downturn, the stock has demonstrated strong performance over the longer term, with a 114.54% increase in the past year and a 33.49% rise year-to-date. The company has also reported positive financial metrics, including a high return on capital employed and a low debt-equity ratio, which contribute to its attractive valuation compared to peers. Additionally, rising promoter confidence, as evidenced by a 2.55% increase in their stake, suggests a positive outlook for the company's future.
In the broader market context, Reliance Infrastructure's short-term performance has lagged behind the benchmark, with a 5.44% gain over the past week compared to the Sensex's 2.00% increase. However, the stock's long-term returns significantly outperform the benchmark, indicating a strong overall performance despite recent volatility. The stock's liquidity remains adequate, and an increase in delivery volume suggests ongoing investor interest, which may help stabilize the price in the future.