Why is Tata Technolog. falling/rising?

As of 01-Sep, Tata Technologies Ltd is currently priced at 677.75, reflecting an increase of 20.4, or 3.1%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline, outperforming its sector by 1.83%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term bearish trend. The stock has experienced a significant decline of 24.10% year-to-date and a staggering 36.43% over the past year, indicating persistent underperformance. While there is a high management efficiency with a return on equity of 20.00% and a low debt-to-equity ratio, the recent flat results in June, including the lowest net sales and operating profit margins, have contributed to a perception of an expensive valuation, further complicating its recovery.
In the broader market context, Tata Technologies has underperformed the benchmark Sensex over the past week, month, and year, with returns of -1.10% over the last week compared to the Sensex's -1.56%. The stock's recent rise may be influenced by increasing participation from institutional investors, who have raised their stake by 2.6% in the last quarter, suggesting a potential vote of confidence from more sophisticated market participants. However, the overall negative sentiment surrounding the company's financial performance and the significant declines in its stock price over the past year indicate that while there may be short-term gains, the long-term outlook remains challenging.