Why is Taylormade Renew falling/rising?

As of 18-Sep, Taylormade Renewables Ltd's stock price is currently at 202.70, reflecting a decrease of 6.3 points or 3.01%. Today's price summary indicates that the stock has underperformed its sector by 3.4% and has experienced a trend reversal after three consecutive days of gains. Although it opened with a gain of 5.19% and reached an intraday high of Rs 223.9, it also touched a low of Rs 200.05, indicating significant volatility with a wide trading range of Rs 23.85. Over the past month, the stock has declined by 7.44%, and its year-to-date performance shows a substantial drop of 38.39%. Despite a healthy long-term growth rate in net sales and operating profit, the company reported a flat result in June, with a significant drop in profit after tax and earnings per share, contributing to the stock's negative performance.
In the broader market context, Taylormade Renewables Ltd's recent performance contrasts with the benchmark, as the Sensex has shown a positive return of 1.80% over the past week. The stock's year-long decline of 56.89% starkly contrasts with the market's relatively minor drop of 1.96%, highlighting its underperformance. The company's low debt-to-equity ratio and rising investor participation may provide some support, but the expensive valuation and poor recent earnings results have overshadowed these positives, leading to a decline in investor confidence and contributing to the stock's current downward trend.