Why is Timken India falling/rising?

As of 10-Sep, Timken India Ltd's stock price is rising, currently at Rs 3,015.40, reflecting an increase of 74.4 points or 2.53%. The stock has shown a positive performance today, outperforming its sector by 1.19% and has been on a consecutive gain streak for the last four days, accumulating a total return of 5.05% during this period. Despite a year-to-date decline of 3.23% and a significant drop of 18.72% over the past year, the stock has demonstrated some resilience with a 4.86% increase over the past month. The company benefits from high management efficiency, a low debt-to-equity ratio, and substantial institutional holdings, which may contribute positively to investor sentiment. However, concerns about long-term growth persist, particularly due to flat quarterly results and a high price-to-book ratio, which suggest that the stock may be overvalued compared to its earnings growth.
In the broader market context, Timken India's recent short-term performance of 2.97% over the past week significantly outpaces the Sensex's gain of 1.06% during the same period. This indicates that while the stock is experiencing a positive momentum, it has consistently underperformed against the benchmark over the longer term, particularly in the last three years. The stock's liquidity remains adequate for trading, although there has been a notable decline in investor participation, as evidenced by a 70.62% drop in delivery volume compared to the five-day average. This combination of short-term gains amidst longer-term challenges suggests that while the stock is currently rising, underlying issues may still affect its future performance.