Why is Trident falling/rising?

As of 29-Aug, Trident Ltd's stock price is currently at 27.40, reflecting a decrease of 0.07, or 0.25%. The stock has been on a downward trend, having fallen for six consecutive days, resulting in a total decline of 5.29% during this period. Over the past week, Trident has underperformed the Sensex, with a return of -3.89% compared to the benchmark's -1.84%. Additionally, the stock is trading below all its moving averages, indicating a bearish sentiment. Despite a strong ability to service debt and positive financial results, including significant growth in profit before tax and profit after tax, the stock's performance has been hindered by a lack of investor confidence, as evidenced by low domestic mutual fund holdings and a consistent underperformance against benchmarks over the last three years. In the broader market context, Trident's recent performance contrasts sharply with the Sensex, which has shown a modest decline of 1.84% over the same week. The stock's year-to-date performance is particularly concerning, with a decline of 18.06%, while the Sensex has gained 2.14%. This disparity highlights the challenges Trident faces in regaining investor trust, especially given its significant underperformance over the past year and three years compared to the broader market. The low delivery volume and falling investor participation further exacerbate the stock's struggles, suggesting that while the company has solid fundamentals, market sentiment remains negative.