Why is Reliance Infra. falling/rising?

As of 01-Sep, Reliance Infrastructure Ltd is currently priced at 266.75, reflecting an increase of 1.35 (0.51%). Despite this slight uptick, the stock has underperformed its sector by 0.9% today. The stock reached an intraday high of Rs 272, but it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has declined by 3.02%, and in the last month, it has dropped 14.39%. However, the company has shown strong financial performance with a PAT of Rs 3,931.95 crore and a ROCE of 44.10%, alongside a low debt-equity ratio of 0.44 times. Additionally, promoters have increased their stake by 2.55%, signaling confidence in the company's future.
Broader Market Context: In the context of the broader market, Reliance Infrastructure's performance has been relatively strong, generating a return of 27.45% over the past year, while the benchmark Sensex has declined by 2.43%. However, the stock's recent short-term performance has lagged behind the benchmark, as it has underperformed the Sensex by 1.56% over the past week and 0.29% over the past month. This suggests that while the company has solid fundamentals and a positive long-term outlook, its recent price movements may be influenced by broader market trends and investor sentiment.