Why is The Invest.Trust falling/rising?

As of 17-Jul, The Investment Trust of India Ltd is experiencing a decline in its stock price, currently at Rs 155.75, which reflects a decrease of Rs 2.55 or 1.61%. Today's price summary indicates that the stock has underperformed its sector by 1.28% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 152.45, marking a 3.7% drop. Over the past week, the stock has shown a positive return of 7.53%, but it has significantly underperformed over the last year with a return of -13.71%. While the company has an attractive valuation with a Price to Book Value of 1.2 and a PEG ratio of 0.2, it also faces challenges such as weak long-term fundamental strength, indicated by a low average Return on Equity (ROE) of 2.68% and declining net sales growth.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has generated a positive return of 0.83% over the past month. Despite the stock's short-term gains, its long-term performance remains concerning, particularly as it has underperformed the market over the last year. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's price or business fundamentals. Overall, while there are some positive indicators regarding valuation and profit growth, the stock's recent decline can be attributed to its poor long-term growth prospects and underperformance relative to the broader market.