Why is Trent falling/rising?

As of 01-Jul, Trent Ltd. is experiencing a decline in its stock price, currently at 6,141.10, which reflects a decrease of 78.05 or 1.25%. Today's performance indicates that the stock has underperformed its sector by 2.94%. Despite showing higher performance than its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average. The stock has seen a rise in investor participation, with delivery volume increasing by 41.79% against the 5-day average. Over the past week, Trent has gained 1.32%, but its year-to-date performance shows a significant decline of 13.70%, contrasting with a 7.11% increase in the benchmark Sensex.
In the broader market context, the stock's recent performance is lagging behind the benchmark, which has risen by 2.00% over the past week. While Trent has demonstrated strong long-term growth with a high return on equity and substantial annual sales growth, recent quarterly results have been disappointing, showing declines in profit before tax and profit after tax compared to previous averages. The stock's valuation appears expensive relative to its return on capital employed, and despite a solid historical performance, the current PEG ratio suggests that the stock may be overvalued. This combination of strong fundamentals and recent underperformance in earnings has contributed to the stock's downward movement.