Why is Taneja Aerospace falling/rising?

As of 26-Sep, Taneja Aerospace & Aviation Ltd's stock price is currently at 374.65, reflecting a decrease of 2.1 points, or 0.56%. The stock has been on a downward trend, having fallen for the last three days, resulting in a total decline of 2.31% during this period. It has underperformed the market significantly over the past year, with a return of -26.07% compared to the BSE500's -7.63%. Despite positive financial results in the last four quarters, including a 20.54% growth in net sales and a high return on capital employed (ROCE) of 16.72%, the stock is perceived as having poor long-term growth potential, with a low debt-to-equity ratio and a high price-to-book value compared to peers.
In the broader market context, Taneja Aerospace's short-term performance has been slightly better than the sector average, outperforming it by 1.53% today, even though the miscellaneous sector has declined by 2.01%. The stock's recent price movement is compounded by its trading below all key moving averages, indicating a bearish trend. Additionally, the lack of domestic mutual fund investment may signal a lack of confidence in the stock's valuation, further contributing to its downward pressure. Overall, while there are some positive indicators, the stock's significant underperformance relative to the market and its high valuation concerns are likely driving its current decline.