Why is Thejo Engg. falling/rising?

As of 11-Nov, Thejo Engineering Ltd's stock price is currently at 1,701.70, reflecting a decrease of 38.1 points or 2.19%. The stock has underperformed its sector by 2.99% 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 4.05%, and it has experienced a significant drop of 25.98% over the past year, while its profits have also fallen by 5.4%. Despite having a high return on equity (ROE) of 18.50% and a low debt-to-equity ratio, the company has shown poor long-term growth with net sales increasing at an annual rate of only 5.87% over the last five years.
In the broader market context, Thejo Engineering Ltd's performance has lagged behind the Sensex, which has gained 0.38% in the past week and 8.67% year-to-date. The stock's underperformance is evident as it has not only generated negative returns over the last year but has also consistently underperformed the BSE500 index over the last three years and one year. This trend indicates a lack of investor confidence, compounded by flat results reported in September and an expensive valuation relative to its peers, which may further deter potential investors.