Why is Trent falling/rising?

As of 03-Jul, Trent Ltd. is currently priced at 6,181.65, reflecting a decrease of 47.15 points or 0.76%. Today's price summary indicates that Trent is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting some positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 22.1% compared to the 5-day average. Despite this, the stock has shown strong performance over the past week, gaining 1.26%, and has outperformed the Sensex over the last month with a return of 10.86% compared to the benchmark's 3.10%. Positive factors such as high management efficiency, robust long-term growth in net sales and operating profit, and significant institutional holdings contribute to the stock's resilience. However, recent flat results in profitability metrics, including a decline in profit before tax and net profit, along with a high valuation relative to capital employed, may be weighing on investor sentiment.
In the broader market context, Trent's short-term performance has been favorable compared to the Sensex, which has declined by 0.62% over the past week. While Trent has demonstrated consistent returns over the last three years and has outperformed the BSE500 in each of the last three annual periods, the recent quarterly results may have raised concerns among investors. The stock's year-to-date performance shows a decline of 13.13%, contrasting sharply with the Sensex's gain of 6.53%, indicating that while the stock has strong fundamentals, current market reactions to its latest earnings may be influencing its price movement negatively.