Why is Reliance Power falling/rising?

As of 08-Sep, Reliance Power Ltd's stock price is currently at 46.08, reflecting a decrease of 0.84, or 1.79%. The stock has shown a mixed performance recently, as it underperformed its sector by 2.47% today. While it has higher prices than its 5-day and 20-day moving averages, it remains below its 50-day, 100-day, and 200-day moving averages. The stock has demonstrated strong returns over various periods, including a 52.68% increase over the past year, despite a weak long-term fundamental strength indicated by a -10.04% CAGR growth in operating profits over the last five years. Positive factors include a significant rise in profits and cash reserves, but the high debt to EBITDA ratio and low return on equity suggest underlying weaknesses that may be affecting investor confidence.
In the broader market context, Reliance Power's recent performance contrasts with the benchmark, as it has outperformed the BSE500, which has seen negative returns of -3.07% over the past year. The stock's ability to generate substantial returns in comparison to the benchmark indicates a strong market position, yet the decline in investor participation, as evidenced by a 49.64% drop in delivery volume, raises concerns about future performance. The low stake held by domestic mutual funds further suggests a lack of confidence in the stock's valuation at current prices, which may contribute to its recent price decline.