Why is Tata Power Co. falling/rising?

As of 28-Aug, Tata Power Company Ltd is experiencing a decline in its stock price, currently at Rs 371.05, which reflects a decrease of Rs 6.9 or 1.83%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total decline of 4.99% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a healthy long-term growth indicated by an annual increase in net sales and operating profit, the stock's performance over the past year has been negative, with a return of -13.96%, even as profits rose by 12.6%. The company's high Debt to EBITDA ratio of 4.95 times and a low average Return on Equity of 9.49% suggest challenges in servicing debt and profitability, contributing to the stock's recent downward trend.
In the broader market context, Tata Power's short-term performance has been worse than the benchmark, with a 1-week return of -4.32% compared to the Sensex's decline of -2.34%. This underperformance in the stock market is compounded by the company's high institutional holdings, which have increased slightly, indicating some confidence among larger investors. However, the overall market sentiment appears to be cautious, as reflected in the stock's liquidity and delivery volume, which, despite a rise, may not be sufficient to counteract the negative factors impacting its valuation.