Why is Trent falling/rising?

As of 09-Jul, Trent Ltd. is experiencing a decline in its stock price, currently at 5,406.20, reflecting a decrease of 32.0 points or 0.59%. The stock has been losing value for the last two days, with a total return of -1.71% during this period. Over the past week, Trent has underperformed significantly, with a return of -13.21%, while the Sensex has only increased by 0.15%. Despite having a high management efficiency indicated by a return on equity of 15.22% and healthy long-term growth rates in net sales and operating profit, the stock's recent performance is negatively impacted by flat quarterly results, including a notable decline in profit before tax and profit after tax compared to previous quarters.
In the broader market context, Trent's short-term performance has been poor relative to the benchmark, as it has fallen sharply in the last week while the Sensex has shown modest gains. This underperformance is further highlighted by the stock's year-to-date decline of 24.03%, contrasting with the Sensex's increase of 6.91%. Although the stock has high institutional holdings and is liquid enough for trading, the recent flat results and high valuation metrics, such as a PEG ratio of 2.6, suggest that investors may be cautious, leading to the current downward trend in the stock price.