Why is Trejhara Solutio falling/rising?

As of 15-Sep, Trejhara Solutions Ltd's stock price is currently at 206.00, reflecting a decrease of 0.5, or 0.24%. The stock has underperformed its sector by 0.46% today and has experienced a trend reversal after two consecutive days of gains. In terms of returns, the stock has declined by 2.49% over the past week and 1.53% over the past month, while it has significantly underperformed the market with a year-to-date drop of 16.94% compared to a 4.67% increase in the benchmark. Despite some positive results in recent quarters, such as a higher profit after tax and growth in net sales, the stock's long-term fundamentals are weak, with a negative CAGR in operating profits and a low return on equity, contributing to its recent price decline.
Broader market context indicates that while the BSE500 index has seen a slight decline of 3.45% over the past year, Trejhara Solutions Ltd has fared much worse with a return of -23.93%. This stark contrast highlights the stock's significant underperformance relative to the broader market. The falling investor participation, as indicated by a decrease in delivery volume, further suggests a lack of confidence among investors, which is compounded by the stock's expensive valuation compared to its peers. Overall, these factors contribute to the downward pressure on Trejhara Solutions Ltd's stock price.