Why is Torrent Power falling/rising?

As of 19-Aug, Torrent Power Ltd. is currently priced at 1,297.80, reflecting a decrease of 4.65, or 0.36%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.81% during this period. Additionally, it has underperformed its sector by 0.66% today. Over the past week, the stock has decreased by 4.52%, and it has shown a significant decline of 22.47% over the past year, while its profits have increased by 20.1%. The stock is trading below all its moving averages, indicating a bearish trend, and there has been a notable drop in investor participation, with delivery volume falling by 16.81% against the five-day average.
In the broader market context, Torrent Power's performance has been notably weaker compared to the benchmark, as the Sensex has gained 1.76% over the past week. The stock's year-to-date return of -12.54% contrasts sharply with the Sensex's positive return of 4.49%. Despite high institutional holdings at 39.57%, which typically indicates confidence in the stock's fundamentals, the company's recent financial results have raised concerns. The flat results reported on June 25, including significant declines in profit before tax, profit after tax, and net sales, have contributed to the stock's negative sentiment in the market. Overall, the combination of poor short-term performance, declining investor interest, and disappointing financial results has led to the stock's current downward trajectory.