Why is Reliance Infra. falling/rising?

As of 11-Aug, Reliance Infrastructure Ltd is currently priced at 275.25, reflecting an increase of 1.8 (0.66%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it has underperformed its sector by 0.47% today. The stock's performance over the past week is down 7.03%, and it has also seen a significant decline of 27.08% over the past month. Despite these short-term challenges, the company has reported positive financial results, including a higher profit after tax of Rs 3,931.95 crore and a record return on capital employed (ROCE) of 44.10%. Additionally, the promoters have increased their stake in the company by 2.55%, indicating confidence in its future prospects.
In the broader market context, Reliance Infrastructure's short-term performance has lagged behind the benchmark Sensex, which has only declined by 0.51% over the same week. While the stock has generated a return of 19.67% over the past year, its year-to-date performance is down 9.46%, contrasting with the Sensex's gain of 3.15%. The stock has outperformed the BSE500 in the long term, particularly over the past three years, where it has increased by 138.21%. However, the recent decline in investor participation and trading volumes may be contributing to the stock's volatility, despite its attractive valuation metrics and rising promoter confidence.