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

As of 12-Nov, Triveni Engineering and Industries Ltd is experiencing a price increase, currently at Rs 371.25, reflecting a rise of Rs 8.0 or 2.2%. The stock has shown a positive performance today, outperforming its sector by 2.53% and reaching an intraday high of Rs 373, which is a 2.68% increase. Over the past week, the stock has gained 3.66%, and in the last month, it has risen by 4.72%. Despite a year-to-date decline of 18.06% and a one-year drop of 5.92%, the company demonstrates high management efficiency with a return on capital employed (ROCE) of 15.77% and a low debt to EBITDA ratio of 1.14 times, which supports its ability to service debt. However, the stock's profits have decreased by 15.8% over the past year, contributing to its underperformance relative to the market.
Broader Market Context: In the short term, Triveni Engineering has outperformed the benchmark Sensex, which has only increased by 1.21% over the past week. The stock's recent gains come amid rising investor participation, with a notable increase in delivery volume, suggesting growing interest. However, the company has faced challenges, including a decline in institutional investor participation, which has decreased by 1.02% in the last quarter. This trend indicates a lack of confidence among larger investors, which could impact the stock's long-term growth prospects, especially given its poor performance relative to the broader market over the past year.