Why is Torrent Power falling/rising?

As of 21-Aug, Torrent Power Ltd. is currently priced at 1,287.00, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -3.20% and a 1-month return of -5.96%. Additionally, it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 63.22% compared to the 5-day average. Despite a significant decline of -25.30% over the past year, the company's profits have increased by 20.1%, and it is trading at a discount relative to its peers, which may suggest some underlying value.
In the broader market context, the stock has significantly underperformed the benchmark, with the Sensex gaining +1.74% over the past week while Torrent Power fell. Over the last year, while the broader market (BSE500) experienced a decline of -1.56%, Torrent Power's decline was much steeper at -25.30%. The company's high institutional holdings at 39.57% indicate that knowledgeable investors are closely monitoring its fundamentals, which may provide some support. However, the recent flat results in net sales and profit before tax, along with a substantial drop in both PAT and net sales, contribute to the negative sentiment surrounding the stock.