Why is Reliance Power falling/rising?

As of 03-Sep, Reliance Power Ltd's stock price is rising, currently at 47.80, reflecting an increase of 1.58 or 3.42%. The stock has shown strong performance recently, gaining 8.78% over the last three days and outperforming its sector by 3.43% today. It opened with a gain of 2.55% and reached an intraday high of Rs 48.25. Over the past week, the stock has risen by 6.82%, while its year-to-date performance stands at a notable 12.31%. Positive factors contributing to this upward movement include a significant increase in profits, with a 99.7% rise over the past year, and a strong return on capital employed at 5.95%. However, concerns about long-term fundamental strength persist, highlighted by a -10.04% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio.
In the broader market context, while the stock has outperformed the benchmark Sensex, which has seen a slight decline of 0.27% over the past week, Reliance Power's strong short-term returns contrast with the negative performance of the broader market, which has generated a -4.38% return over the last year. This divergence indicates that despite some underlying weaknesses, Reliance Power has managed to attract investor interest and deliver substantial returns, suggesting a market perception that may favor its potential for growth relative to the overall market environment.