Why is Taylormade Renew falling/rising?

As of 30-Sep, Taylormade Renewables Ltd is experiencing a decline in its stock price, currently at Rs 185.95, which reflects a decrease of Rs 1.7 or 0.91%. The stock has hit a new 52-week low of Rs 183 today and has been on a downward trend, losing 11.39% over the last four days. It has underperformed its sector by 1% today, and is trading below all key moving averages, indicating a bearish sentiment. Despite a healthy long-term growth in net sales and operating profit, the company has reported a significant decline in profit after tax over the last six months, contributing to a negative perception among investors.
In the broader market context, Taylormade Renew has underperformed compared to the benchmark Sensex, which has seen a decline of only 2.23% over the past week, while Taylormade's stock has dropped by 9.18% in the same period. The stock's year-to-date performance is particularly concerning, with a drop of 43.48% compared to a modest gain of 2.72% for the Sensex. This stark contrast highlights the challenges Taylormade is facing in the market, compounded by its expensive valuation and negative earnings per share, which further dampens investor confidence.