Why is Reliance Infra. falling/rising?

As of 02-Sep, Reliance Infrastructure Ltd's stock price is rising, currently at Rs 278.95, reflecting an increase of Rs 12.2 or 4.57%. The stock has outperformed its sector by 3.16% today and has shown a consecutive gain over the last two days, rising 5.11% during this period. Despite a decline of 10.48% over the past month, the stock has generated a significant return of 36.24% over the past year, while its profits have surged by 372.8%. Positive factors contributing to the stock's recent movement include a higher PAT of Rs 3,931.95 crore and a low debt-equity ratio of 0.44 times, indicating strong financial health. Additionally, rising promoter confidence, with a 2.55% increase in their stake, suggests optimism about the company's future.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has declined by 0.78% over the past week. While the stock has outperformed the market in the short term, it has lagged behind in the longer term, with a year-to-date decline of 8.24% compared to a 2.58% increase in the Sensex. This divergence highlights the stock's ability to generate returns despite a generally negative market environment, as evidenced by its performance against the BSE500, which has seen negative returns of -4.82% over the last year.