Why is Timken India falling/rising?

As of 22-Aug, Timken India Ltd's stock price is currently at 2,998.45, reflecting an increase of 24.65 (0.83%). The stock has shown a positive performance today, outperforming its sector by 1.66% and has been gaining for the last two days, with a total return of 1.44% during this period. It reached an intraday high of Rs 3034, indicating strong trading activity. The stock's delivery volume has significantly increased, rising by 64.06% compared to the 5-day average, suggesting rising investor participation. However, despite these short-term gains, the stock has underperformed over the past month and year, with returns of -14.50% and -19.20%, respectively. Factors such as high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings contribute positively to the stock's appeal, but concerns about poor long-term growth and high valuation metrics may weigh on investor sentiment.
In the broader market context, Timken India's short-term return of +5.83% over the past week significantly outpaces the Sensex's return of +0.88%, indicating a strong relative performance in the near term. However, the stock's longer-term performance has been less favorable, with a -19.20% return over the past year compared to the Sensex's modest gain of +0.31%. This consistent underperformance against the benchmark over the last three years raises concerns about the stock's ability to sustain its recent upward movement, despite the positive short-term indicators.