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

As of 19-Aug, Triveni Engineering and Industries Ltd is experiencing a price increase, currently at Rs 338.25, which reflects a rise of Rs 10.5 or 3.2%. Today's price summary indicates that the stock has outperformed its sector by 1.19% and has shown a trend reversal after three consecutive days of decline, reaching an intraday high of Rs 340.3. However, despite this short-term gain, the stock has underperformed over the past week and month, with returns of -0.50% and -6.73%, respectively. The company has a return on capital employed (ROCE) of 7, and while it is trading at a discount compared to its peers, it has faced significant challenges, including a 39.7% decline in profits over the past year and a -27.34% return in the last year.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 1.76% over the past week and is up 4.49% year-to-date. This indicates that while Triveni Engineering has seen a brief uptick, it continues to lag behind the overall market performance. The company's long-term growth prospects appear weak, as evidenced by a -10.17% annual decline in operating profit over the last five years and a significant drop in net sales. The negative financial results declared in June, including a -130.2% fall in profit before tax, further underscore the challenges facing the company, contributing to its overall underperformance relative to the broader market.