Why is Torrent Power falling/rising?

As of 20-Aug, Torrent Power Ltd. is experiencing a decline in its stock price, currently at 1,287.00, reflecting a decrease of 10.8 points or 0.83%. The stock has underperformed its sector by 1.3% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 5.6% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant increase in delivery volume by 159.32% compared to the 5-day average, the stock's performance over the past year has been notably poor, with a return of -28.42%, while profits have risen by 20.1%. The company has a fair valuation with a ROCE of 15.1 and a PEG ratio of 1.6, indicating that it is trading at a discount compared to its peers. In the broader market context, Torrent Power's recent performance contrasts sharply with the benchmark, as it has underperformed the market significantly over the past year, where the BSE500 index recorded a negative return of only -1.20%. This stark difference highlights the stock's struggles, particularly given its flat results in the recent quarter, where key financial metrics such as PBT, PAT, and net sales have all shown declines. The high institutional holdings at 39.57% suggest that these investors, who typically have better resources for analyzing company fundamentals, may be cautious about the stock's outlook, contributing to the downward pressure on its price.