Why is Reliance Infra. falling/rising?

As of 15-Oct, Reliance Infrastructure Ltd's stock price is currently at 227.25, reflecting an increase of 1.85 (0.82%). Today's price summary indicates that the stock has gained after two consecutive days of decline, reaching an intraday high of Rs 236, which represents a 4.7% increase. However, the stock has underperformed its sector by 0.4% today and is trading below its moving averages across various time frames. Additionally, the stock has shown a significant decline over the past month and year, with returns of -8.24% and -21.12%, respectively. Despite these challenges, positive factors such as a higher PAT of Rs 3,931.95 crore, a low debt-equity ratio of 0.44, and increased promoter confidence, with a 2.55% rise in their stake, suggest a potential for future growth.
Broader market context reveals that while Reliance Infrastructure has faced significant underperformance compared to the benchmark, which has seen a return of +1.00% over the past month, the stock's long-term performance has been more favorable, with a 63.37% increase over three years. However, the company's weak long-term fundamentals, including a high Debt to EBITDA ratio of 14.55 times and a lack of declared results in the last six months, raise concerns about its ability to sustain growth. Overall, while there are some positive indicators, the stock's recent performance and broader market comparisons highlight ongoing challenges that may affect investor sentiment.