Why is Timken India falling/rising?

As of 08-Sep, Timken India Ltd's stock price is currently at 2,920.00, reflecting an increase of 40.7 points or 1.41%. The stock has been gaining for the last two days, with a total return of 1.73% during this period. It opened with a gain of 3.5% today and reached an intraday high of Rs 2,979.95. However, despite this recent uptick, the stock has shown a decline of 0.76% over the past week and a significant drop of 21.40% over the last year, indicating consistent underperformance against the benchmark. Factors such as high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings suggest a solid foundation; however, the stock's expensive valuation and poor long-term growth prospects, highlighted by a flat PAT in the latest quarter, raise concerns.
In the broader market context, the Sensex has gained 0.53% over the past week, while Timken India has underperformed with a decline of 0.76%. Although the stock has shown some positive movement recently, its year-to-date performance is down 6.29%, contrasting with the Sensex's gain of 3.39%. The stock's recent gains may not be enough to offset its long-term underperformance, as it has consistently lagged behind the benchmark over the last three years. This combination of short-term gains amidst long-term challenges suggests that while there may be some positive momentum, significant concerns remain regarding the stock's overall performance.