Why is Triveni Turbine falling/rising?

As of 17-Jul, Triveni Turbine Ltd. is experiencing a slight decline in its stock price, currently at 651.05, reflecting a decrease of 0.6 points or 0.09%. The stock has underperformed its sector by 0.53% today and has been on a downward trend for the last two days, accumulating a total loss of 1.37% during this period. Despite this recent decline, the stock has shown strong performance over the longer term, with a 7.65% increase over the past month and an impressive 319.63% rise over the last three years. The company has consistently reported positive results for the last 14 quarters, with record net sales and profits, and maintains a solid average return on equity of 23.08%. However, there has been a decrease in investor participation, as indicated by a 2.09% drop in delivery volume compared to the five-day average.
In the broader market context, Triveni Turbine's short-term performance contrasts with the benchmark Sensex, which has declined by 1.12% over the past week. While the stock has shown resilience with a 7.65% gain over the past month, it still lags behind the benchmark's year-to-date performance, where the Sensex has risen by 5.27%. The high institutional holdings at 38.63% suggest that informed investors are backing the company, which may provide some stability despite the recent price fluctuations. Overall, while the stock's fundamentals remain strong, the recent price movement reflects a combination of short-term selling pressure and reduced trading activity.