Why is Transcorp Intl. falling/rising?

As of 04-Sep, Transcorp International Ltd is currently priced at 23.69, reflecting a decline of 0.58, or 2.39%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 2.87% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has also shown a significant decline in investor participation, with delivery volume plummeting by 94.85% compared to the 5-day average. Despite a very attractive valuation with a return on equity (ROE) of 15.5 and a price-to-book value of 1.2, the stock's performance has been adversely affected by a substantial profit decline of 91.8% over the past year, leading to a staggering 34.52% drop in returns.
In the broader market context, Transcorp International Ltd's short-term return of +0.59% over the past week is lagging behind the Sensex, which has gained 0.80% in the same period. The stock's year-to-date performance is notably poor, with a decline of 24.79% compared to the Sensex's increase of 3.30%. This underperformance is compounded by weak long-term fundamentals, including a negative growth rate in net sales and a declining profit after tax. Although there is rising promoter confidence with a 0.68% increase in their stake, the overall negative sentiment surrounding the stock, driven by consecutive negative quarterly results and poor long-term growth prospects, continues to weigh heavily on its price movement.