Why is Trent falling/rising?

As of 13-Aug, Trent Ltd. is experiencing a price increase, currently at 5,395.00, with a change of 25.0 (0.47%) upward. Today's price summary indicates that the stock has underperformed its sector by 1.41%, and while it is higher than the 5-day and 20-day moving averages, it remains lower than the 50-day, 100-day, and 200-day moving averages. The stock has shown a modest return of 0.67% over the past week and 0.80% over the past month, but it has significantly underperformed on a year-to-date basis with a decline of 24.19%. Despite these challenges, the company boasts high management efficiency with a return on equity (ROE) of 15.22%, and strong long-term growth indicators, such as a 43.59% annual increase in net sales and a 274.77% rise in operating profit. However, the stock's high valuation, indicated by a 28.6 enterprise value to capital employed ratio and a PEG ratio of 4.7, raises concerns about its pricing relative to earnings growth.
In the broader market context, Trent Ltd. has underperformed compared to the benchmark, with a one-year return of -15.41% against the Sensex's gain of 2.01%. This stark contrast highlights the stock's struggles despite positive financial metrics and high institutional holdings at 36.93%, which typically suggest confidence from more informed investors. The overall market has also faced challenges, as indicated by the BSE500's negative return of -0.64% over the past year, but Trent's decline has been more pronounced. This suggests that while the company has strong fundamentals, investor sentiment and market conditions may be weighing heavily on its stock performance.