Why is Torrent Power falling/rising?

As of 24-Sep, Torrent Power Ltd. is currently priced at Rs 1,264.00, reflecting a decline of Rs 15.2 or 1.19%. The stock has recently fallen after two consecutive days of gains, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock is close to its 52-week low, being only 4.49% away from Rs 1,207.2. Over the past year, Torrent Power has underperformed significantly, with a return of -33.40%, while its profits have increased by 20.1%. Despite a fair valuation indicated by a ROCE of 15.1 and a PEG ratio of 1.6, the stock's recent performance has been negatively impacted by flat results in the latest quarter, including a 28.88% fall in PBT and a 24.8% decline in PAT.
In the broader market context, Torrent Power's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.25% compared to the Sensex's -1.18%. However, the stock's year-to-date performance shows a stark contrast, with a decline of 14.82% against the Sensex's gain of 4.58%. The power generation and distribution sector has also seen a downturn, falling by 2.2%, which may contribute to the stock's struggles. Furthermore, a decrease in investor participation, as indicated by a 26.7% drop in delivery volume against the 5-day average, suggests waning interest among traders, further exacerbating the stock's decline.