Why is Timken India falling/rising?

As of 06-Aug, Timken India Ltd's stock price is currently at Rs 2,921.80, reflecting a decline of Rs 76.8 or 2.56%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total drop of 13.7% over that period. It touched an intraday low of Rs 2,886, indicating a significant decrease of 3.76% during the day. Furthermore, the stock has underperformed its sector by 0.88% today and is trading below all its moving averages, suggesting a bearish sentiment. Despite these challenges, the company maintains a high management efficiency with a return on equity (ROE) of 16.31% and a low debt-to-equity ratio, which may provide some support for investor confidence.
In the broader market context, Timken India's performance has lagged behind the benchmark Sensex, which has only declined by 1.15% over the past week while the stock has dropped 13.7%. Over the past month, the stock has also underperformed, with a decrease of 11.67% compared to the Sensex's 3.46% decline. Although the stock has high institutional holdings at 37.12%, indicating a level of confidence from more sophisticated investors, the overall market conditions and the stock's recent performance suggest a challenging environment for Timken India at this time.