Why is Timken India falling/rising?

As of 07-Aug, Timken India Ltd's stock price is currently at Rs 2,905.70, reflecting a decrease of Rs 13.9 or 0.48%. The stock has been on a downward trend, having fallen consecutively for the last six days, resulting in a total decline of 14.17% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish momentum. Despite this, the stock outperformed its sector by 1.59% today, and there has been a notable increase in investor participation, with delivery volume rising by 70.29% compared to the 5-day average. The company also 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 to its valuation amid the recent declines.
Broader Market Context: In the context of the broader market, Timken India's performance over the past week shows a significant underperformance compared to the Sensex, with the stock down 12.22% while the benchmark index fell only 0.69%. Over the past month, Timken India has decreased by 13.36%, contrasting with the Sensex's decline of 3.38%. This divergence highlights the stock's struggles relative to the overall market, despite its high institutional holdings of 37.12%, which typically indicate a level of confidence from more sophisticated investors. The year-to-date performance also reflects a decline of 6.75% for Timken India, while the Sensex has gained 3.18%, further emphasizing the stock's recent challenges in a generally improving market environment.