Why is Thejo Engg. falling/rising?

As of 01-Oct, Thejo Engineering Ltd's stock price is currently at 1,792.70, reflecting a decrease of 8.9 points or 0.49%. The stock has underperformed its sector by 2.75% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 4.27%, and it has also shown a significant drop of 31.07% over the past year, while its profits have decreased by 5.4%. Despite having a high return on equity (ROE) of 18.50% and a low debt-to-equity ratio, the company has faced challenges with poor long-term growth, as evidenced by its net sales growth of only 5.87% annually over the last five years and disappointing quarterly results.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex showing a slight decline of only 0.88% over the past week and a positive return of 5.04% year-to-date. The stock's significant underperformance, particularly in comparison to the BSE500's negative return of 5.88% over the last year, highlights the challenges Thejo Engineering Ltd is facing in the market. The combination of flat results, high valuation concerns, and declining investor participation suggests that the stock's recent price movement is driven by a lack of confidence in its growth prospects and overall market sentiment.