Why is Timken India falling/rising?

As of 13-Aug, Timken India Ltd's stock price is currently at 2,850.00, reflecting a decrease of 43.1 points or 1.49%. The stock opened with a gain of 3.49% today, reaching an intraday high of Rs 2,993.95, but ultimately underperformed its sector by 1.95%. Over the past week, the stock has declined by 2.38%, and it has shown a significant drop of 14.54% over the past month. Despite having high management efficiency with a return on equity (ROE) of 16.31% and a low debt-to-equity ratio, the stock faces challenges due to poor long-term growth, as indicated by a flat operating profit growth rate of 19.65% over the last five years and a recent decline in profit after tax (PAT) of 6.8%. Additionally, the stock's valuation appears expensive with a price-to-book value of 7.7, and it has consistently underperformed against benchmarks over the last three years.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with a year-to-date return of -8.54% against a positive 3.07% for the Sensex. This underperformance is further emphasized by the stock's returns of -24.64% over the past year, contrasting sharply with the benchmark's 2.01% gain. The declining investor participation, as evidenced by a 41.12% drop in delivery volume, suggests waning interest, which may contribute to the stock's downward trajectory. Overall, while institutional holdings are relatively high at 37.12%, indicating some level of confidence, the persistent underperformance and high valuation metrics raise concerns among investors.