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

As of 04-Sep, Triveni Engineering and Industries Ltd is experiencing a decline in its stock price, currently at 362.10, which reflects a decrease of 4.3 points or 1.17%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite outperforming its sector by 0.33% today, the stock's delivery volume has decreased by 8.41% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -22.69%, significantly underperforming the market, where the BSE500 index recorded a negative return of -4.38%. Additionally, the company's profits have fallen by 39.7%, contributing to its poor long-term growth outlook.
In the broader market context, Triveni Engineering's short-term performance has been relatively strong, with a 1-week return of 2.55% compared to the Sensex's 0.80% increase. However, the stock's year-to-date performance is concerning, showing a decline of 20.08% against the Sensex's gain of 3.30%. The company has a low return on capital employed (ROCE) of 7 and has been trading at a discount compared to its peers, but the negative financial results, including a significant drop in operating profit and net sales, overshadow these factors. The overall sentiment remains bearish due to the company's inability to generate sustainable growth, leading to the current decline in stock price.