Why is Reliance Power falling/rising?

As of 30-Jul, Reliance Power Ltd's stock price is currently at Rs 53.42, reflecting a decline of 2.81 (-5.0%). Today's price summary indicates that the stock has underperformed its sector by 4.98%, hitting an intraday low of Rs 53.42. The stock's performance over the past week shows a significant drop of 14.99%, while it has decreased by 23.90% over the past month. Despite a strong year-to-date return of 25.52% and a remarkable 70.67% increase over the past year, the stock is facing challenges such as falling investor participation, with delivery volume down by 23.32% against the 5-day average. Additionally, while the company reported positive quarterly results with a 220.7% growth in PAT, it also faces long-term fundamental weaknesses, including a -10.04% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 9.63 times.
In the broader market context, the Sensex has only declined by 1.50% over the past week, indicating that Reliance Power's short-term performance is significantly worse than the benchmark. The stock's recent struggles may be compounded by the low interest from domestic mutual funds, which hold only 0.94% of the company, suggesting a lack of confidence in its current valuation or business prospects. While the stock has shown strong returns over the long term, the combination of weak operating profit growth and high debt levels may be causing investors to reassess its future potential, leading to the current downward price movement.