Why is Trent falling/rising?

As of 14-Jul, Trent Ltd. is experiencing a decline in its stock price, currently at 5,315.80, reflecting a decrease of 36.6 points or 0.68%. The stock has been underperforming recently, with a consecutive fall over the last two days resulting in a total drop of 2.07%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past week shows a decline of 3.35%, while its year-to-date performance is down 25.30%. Despite high management efficiency and strong long-term growth metrics, such as a 37.50% annual growth rate in net sales, recent quarterly results have been disappointing, with significant drops in profit before tax and profit after tax compared to previous averages.
In the broader market context, Trent's short-term performance contrasts with the Sensex, which has only declined by 1.42% over the same week. This suggests that while the overall market is facing some headwinds, Trent is struggling more significantly. The stock's high institutional holdings indicate that knowledgeable investors are closely monitoring its fundamentals, which may contribute to the stock's volatility. Furthermore, the stock's expensive valuation, highlighted by a high enterprise value to capital employed ratio, could deter new investment, especially given its negative returns over the past year despite profit growth. This combination of factors is contributing to the stock's current downward trajectory.