Why is Triven.Engg.Ind. falling/rising?

As of 08-Jul, Triveni Engineering and Industries Ltd is experiencing a decline in its stock price, currently at 369.50, reflecting a decrease of 1.5 points or 0.4%. The stock has been on a downward trend, losing value for the last three consecutive days, with a total decline of 2.22% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -7.75%, while its profits have decreased by 38.5%. The company has a return on capital employed (ROCE) of 7, indicating fair valuation, but it is trading at a discount compared to its peers. The negative sentiment is further compounded by poor long-term growth, with an annual operating profit decline of 5.66% over the last five years.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with a 1-month return of -14.08% against the Sensex's gain of 1.85%. This underperformance is evident as Triveni has lagged behind the BSE500 index over various time frames, including the last three years and one year. Despite a rise in investor participation, as indicated by a 40.35% increase in delivery volume, the overall market sentiment remains cautious due to the company's flat results and high debt-equity ratio, which stands at 0.63 times. This combination of factors contributes to the stock's current downward trajectory.