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

As of 04-Aug, Triveni Engineering and Industries Ltd is experiencing a price increase, currently at 344.90, reflecting a rise of 4.1 (1.2%). Today, the stock opened with a gain of 2.22% and reached an intraday high of Rs 348.35. However, despite this positive movement, the stock has shown a negative performance over the past week and month, with declines of -4.06% and -8.05%, respectively. Additionally, the stock has underperformed significantly on a year-to-date basis, down -23.88%. The company's return on capital employed (ROCE) is relatively low at 7, and while it is trading at a discount compared to its peers, its profits have fallen sharply by -39.7% over the past year, contributing to a negative sentiment around the stock.
In the broader market context, the Sensex has shown a slight positive return of +0.16% over the past week, contrasting with Triveni's decline during the same period. This indicates that the stock's recent rise may not be reflective of a broader market trend. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume by -66.78% suggests waning investor interest. Overall, while today's price movement is upward, the long-term outlook remains concerning due to poor growth metrics and negative financial results, which may overshadow short-term gains.