Why is Taylormade Renew falling/rising?

As of 19-Sep, Taylormade Renewables Ltd's stock price is currently at Rs 204.00, reflecting an increase of Rs 1.3 or 0.64%. The stock has shown a positive performance today, outperforming its sector by 0.44% and reaching an intraday high of Rs 210, which is a 3.6% increase. However, over the past week, the stock has gained 2.69%, while it has experienced a significant decline of 7.69% over the past month and a staggering 37.99% year-to-date. Despite a healthy long-term growth rate in net sales and operating profit, the company has faced challenges, including a flat PAT in the latest six months and a negative EPS, which may contribute to investor caution.
Broader market context indicates that while Taylormade Renewables has outperformed the sector recently, it has underperformed the broader market over the past year, with a return of -54.67% compared to the Sensex's -0.67%. This stark contrast highlights the stock's struggles despite a relatively low debt-to-equity ratio and rising investor participation, as evidenced by a significant increase in delivery volume. The stock's expensive valuation, indicated by a high price-to-book value, further complicates its appeal in the current market environment.