Why is Triveni Turbine falling/rising?

As of 25-Jul, Triveni Turbine Ltd. is experiencing a slight decline in its stock price, currently at 624.15, reflecting a decrease of 0.35 or 0.06%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 6.7% during this period. Despite this recent downturn, the company has shown strong long-term fundamentals, with a robust average Return on Equity (ROE) of 23.08% and a low Debt to Equity ratio. The company has also reported positive results for the last 14 consecutive quarters, with record net sales and profits. However, the stock's valuation appears expensive with a Price to Book Value of 16.3, which may be contributing to investor caution.
In the broader market context, Triveni Turbine's short-term performance has significantly underperformed the benchmark, with a 1-week return of -6.51% compared to the Sensex's -0.36%. Over the past month, the stock has gained 2.19%, while the Sensex has declined by 1.56%. This indicates that while the stock has some positive momentum over a longer timeframe, its recent performance has not aligned well with the overall market trends. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 51.52% against the 5-day average, suggesting reduced liquidity and interest in the stock at this time.