Why is Timken India falling/rising?

As of 23-Sep, Timken India Ltd's stock price is currently at 3,020.00, reflecting a decrease of 29.95 points or 0.98%. The stock has underperformed its sector today by 0.83%, and while it is trading above its 20-day and 200-day moving averages, it is below its 5-day, 50-day, and 100-day moving averages. Over the past week, the stock has declined by 0.73%, contrasting with a 0.72% increase over the last month. Despite a significant rise in delivery volume by 251.91% against the 5-day average, the stock has shown poor long-term growth, with a 19.65% annual growth rate in operating profit over the last five years. Additionally, the company's recent flat results, with a 6.8% decline in PAT compared to the previous quarter, and a high Price to Book Value ratio indicate a potentially expensive valuation, contributing to the stock's downward pressure.
In the broader market context, Timken India's recent performance has been weaker than the benchmark, with a year-to-date return of -3.08% compared to the Sensex's 5.07% gain. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -20.42% in the past year while the BSE500 has only declined by 3.33%. Although the company benefits from high management efficiency and institutional holdings, the overall sentiment remains cautious due to its flat quarterly results and high valuation metrics, which may deter potential investors and contribute to the stock's decline.