Why is Torrent Power falling/rising?

As of 12-Sep, Torrent Power Ltd. is currently priced at 1,270.50, showing no change (0.00%). The stock has underperformed its sector today by 0.93% and is 4.98% away from its 52-week low. Over the past week, the stock has increased by 0.49%, but it has seen a significant decline of 6.46% over the past month and a year-to-date drop of 14.38%. Despite a 20.1% rise in profits over the past year, the stock has generated a return of -26.19%, indicating a disconnect between profitability and stock performance. The stock is trading at a discount compared to its peers, and high institutional holdings at 39.57% suggest confidence from larger investors, yet the recent flat results in net sales and profit before tax have contributed to the stock's downward pressure.
In the broader market context, the Sensex has increased by 1.48% over the past week and has shown a positive return of 4.82% year-to-date, contrasting sharply with Torrent Power's performance. The stock's significant underperformance relative to the market, particularly with a 1-year return of -26.19% compared to the BSE500's -3.45%, highlights investor concerns. While the stock has shown some resilience with rising investor participation, as evidenced by a 90.13% increase in delivery volume, the overall market sentiment remains cautious, particularly in light of the company's recent financial results.