Why is Torrent Power falling/rising?

As of 29-Jul, Torrent Power Ltd. is experiencing a decline in its stock price, currently at 1,327.85, which reflects a decrease of 14.05 or 1.05%. The stock has underperformed its sector by 2.14% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 52.71% compared to the 5-day average. Over the past week, the stock has decreased by 1.16%, and in the last month, it has fallen by 9.86%, while its year-to-date performance shows a decline of 10.52%. Despite a healthy long-term growth rate in net sales and positive financial metrics such as a low debt-equity ratio and high institutional holdings, the stock's recent performance has been negatively impacted by its substantial underperformance relative to the market, with a one-year return of -17.01%.
In the broader market context, Torrent Power's recent performance contrasts with the benchmark index, as it has underperformed the BSE500, which recorded a negative return of only -2.26% over the same period. This disparity highlights the stock's struggles despite its strong fundamentals, such as a significant increase in profits and a favorable PEG ratio. The overall market conditions have not favored Torrent Power, contributing to its declining stock price as investors react to its recent underperformance and lower trading volumes.