Why is Reliance Infra. falling/rising?

As of 05-Sep, Reliance Infrastructure Ltd's stock price is currently at 285.75, reflecting a decrease of 1.25, or 0.44%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 2.42%. In terms of performance, the stock has outperformed the benchmark Sensex over the past week and month, with returns of 7.67% and 1.60%, respectively. However, it has underperformed the sector today by 0.58%. Despite the recent price drop, the company has shown strong financial results, including a significant increase in profits and a low debt-equity ratio, which suggests a solid valuation. Additionally, rising promoter confidence, with a 2.55% increase in their stake, indicates positive sentiment about the company's future.
Broader market context shows that while Reliance Infrastructure has generated a remarkable 36.17% return over the past year, the broader market, represented by the BSE500, has seen negative returns of -4.41%. This contrast highlights the stock's resilience despite recent price declines. The stock's performance over the longer term, particularly a 56.23% increase over three years and a staggering 935.33% over five years, further emphasizes its strong historical performance compared to the benchmark. However, the current short-term decline may reflect market corrections or profit-taking after a period of strong gains.