Why is Reliance Infra. falling/rising?

As of 14-Aug, Reliance Infrastructure Ltd's stock price is currently at 260.00, reflecting an increase of 2.45 (0.95%). Today's price summary indicates that the stock has outperformed its sector by 1.65% and has experienced a trend reversal after two consecutive days of decline. Despite opening with a loss of 2.45%, the stock reached an intraday high of Rs 268.95, showcasing volatility. Over the past week, the stock has seen a significant decline of 7.79%, and its performance over the last month has been even more pronounced with a drop of 33.19%. Positive factors contributing to the stock's recent movement include a notable increase in promoter confidence, with a 2.55% rise in their stake, and strong financial results, including a 372.8% increase in profits over the past year. However, concerns regarding long-term fundamental strength persist, particularly due to a high Debt to EBITDA ratio.
Broader market context shows that while Reliance Infrastructure has generated an 18.05% return over the past year, the benchmark Sensex has only increased by 1.89%. This indicates that the stock has significantly outperformed the broader market despite its recent volatility. In the short term, the stock's performance has been negatively impacted by a decline in investor participation, as evidenced by a 54.92% drop in delivery volume compared to the five-day average. Overall, while the stock has shown resilience in the face of broader market challenges, its recent price movements reflect a mix of positive developments and underlying concerns that investors are weighing carefully.