Why is T R I L falling/rising?

As of 14-Nov, Transformers & Rectifiers India Ltd (T R I L) is experiencing a price increase, currently at Rs 318.25, reflecting a rise of 28.9 (9.99%). Despite today's positive movement, the stock has shown significant declines over the past week and month, with returns of -18.97% and -33.82%, respectively. The stock has also underperformed in the last year, generating a return of -26.80%, while its profits have increased by 104.9%. The stock's performance today has outpaced its sector by 10.02%, but it is trading below all key moving averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 42.94% against the five-day average, which may suggest waning investor confidence.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.62% over the past week and 3.09% over the past month, T R I L's performance has been significantly weaker. The broader market has shown positive returns year-to-date at 8.22%, while T R I L has declined by 44.12% in the same period. This underperformance is compounded by the company's flat quarterly results and a high valuation relative to its peers, with a Price to Book Value of 7.6. While the company has demonstrated healthy long-term growth in net sales and operating profit, the recent financial metrics, including a 25.1% drop in PAT and low operating profit to interest ratio, contribute to a cautious outlook for the stock.