Why is Trent falling/rising?

As of 29-Jul, Trent Ltd. is currently priced at 5,000.40, reflecting a slight increase of 4.0 (0.08%). The stock has shown a trend reversal by gaining after three consecutive days of decline, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has underperformed its sector by 0.93%, and over the last month, it has decreased by 16.91%. Despite these short-term challenges, Trent has demonstrated high management efficiency with a return on equity (ROE) of 15.22% and healthy long-term growth, as evidenced by a net sales growth rate of 37.50% and an operating profit growth rate of 44.84%. Additionally, high institutional holdings at 36.93% suggest that knowledgeable investors are backing the company, which may provide some support for the stock.
In the broader market context, Trent's recent performance contrasts with the Sensex, which has only declined by 1.03% over the past week. This indicates that while Trent is facing significant short-term challenges, the overall market is not experiencing as severe a downturn. The stock's year-to-date performance shows a decline of 29.73%, while the Sensex has gained 4.09% in the same period. Despite the negative sentiment reflected in the flat results from March 25, where profit before tax and profit after tax fell significantly compared to previous quarters, the stock's long-term growth potential and high institutional backing may help mitigate some of the downward pressure.