Why is Transpek Inds. falling/rising?

As of 29-Aug, Transpek Industry Ltd is currently priced at 1,400.00, reflecting a slight increase of 1.35 (0.1%). The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.55%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 41.76% compared to the 5-day average. Despite positive results in the latest six months, including a 133.29% growth in profit after tax and a high cash reserve, the company faces challenges such as weak long-term fundamental strength, a low return on equity, and an expensive valuation relative to peers, which may contribute to investor caution.
In the broader market context, Transpek Industry Ltd has underperformed against the benchmark, with a 1-week return of -4.31% compared to the Sensex's -1.84%. Over the past year, the stock has generated a return of -23.52%, significantly lagging behind the BSE500 in each of the last three annual periods. This consistent underperformance, coupled with the lack of domestic mutual fund investment, suggests a lack of confidence in the stock's future prospects, further influencing its price movement.