Why is Torrent Power falling/rising?

As of 02-Sep, Torrent Power Ltd. is experiencing a rise in its stock price, currently at 1,305.30, reflecting an increase of 43.85 or 3.48%. The stock has shown positive momentum, gaining 6.4% over the last two days and outperforming its sector by 2.07%. Despite a year-to-date decline of 12.04% and a significant one-year drop of 26.15%, the stock's recent performance is bolstered by a rise in investor participation, with delivery volume increasing by 171.31% compared to the five-day average. Additionally, the stock is trading at a discount relative to its peers, and while it has underperformed over the past year, its profits have increased by 20.1%, indicating potential for recovery.
In the broader market context, Torrent Power's short-term return of 3.07% over the past week contrasts sharply with the Sensex, which has declined by 0.78%. This suggests that the stock is gaining traction even as the overall market faces challenges. The high institutional holdings at 39.57% may also contribute to the stock's stability, as these investors typically have more resources to analyze the company's fundamentals. However, the stock's long-term performance remains concerning, given its substantial underperformance relative to the market over the past year, which could temper investor enthusiasm despite the recent gains.