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

As of 23-Sep, Triveni Engineering and Industries Ltd is experiencing a decline in its stock price, currently at 343.75, reflecting a decrease of 3.8 points or 1.09%. The stock has been on a downward trend, losing value for the last three consecutive days, with a total drop of 4.62% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Over the past year, the stock has generated a return of -28.65%, significantly underperforming its peers, while its profits have decreased by 39.7%. Despite an attractive valuation with a return on capital employed (ROCE) of 7 and a lower enterprise value to capital employed ratio, the stock's poor long-term growth and negative financial results have contributed to its recent price movement.
In the broader market context, Triveni Engineering's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.66% compared to the Sensex's -0.34%. While the stock has shown some positive movement over the past month with a return of 1.13%, it remains significantly down year-to-date by 24.13%, contrasting sharply with the Sensex's gain of 5.07% during the same period. This underperformance highlights the challenges the company faces, including a decline in net sales and operating profit, which have led to a lack of investor confidence and a negative outlook for the stock.