Why is Triveni Enterpri falling/rising?

As of 18-Sep, Triveni Enterprises Ltd is currently priced at 1.46, showing no change (0.00%). The stock has outperformed its sector by 0.76% today, but it is trading below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance trend. Over the past week, the stock has increased by 3.55%, although it has seen a significant decline of 10.98% over the past month and a staggering 45.11% year-to-date. The company is facing challenges with operating losses and weak long-term fundamental strength, as evidenced by a poor EBIT to Interest ratio of 0.02 and a negative EBITDA. Additionally, the stock has consistently underperformed against the benchmark over the last three years, with a return of -40.16% in the past year.
In the broader market context, the stock's recent performance has been relatively better compared to the benchmark, as it has outperformed the Sensex by 1.80% over the past week. However, the overall market sentiment appears to be more favorable, with the Sensex showing a positive return of 2.14% over the past month and 6.24% year-to-date. The decline in investor participation, with a delivery volume that has fallen by 34.52% against the 5-day average, suggests a lack of confidence among investors, which may further contribute to the stock's struggles in the current market environment.