Why is Triveni Turbine falling/rising?

As of 01-Sep, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at 518.70, reflecting a decrease of 0.25 (-0.05%). The stock has underperformed its sector by 0.78% today and has been on a downward trend for the last four days, resulting in a total return of -2.71% over that period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite strong long-term fundamentals, including a solid average Return on Equity (ROE) of 23.08% and low debt levels, the recent quarterly financial results have been disappointing, with net sales and profit after tax falling significantly compared to previous quarters. This has contributed to a perception of the stock being overvalued, as indicated by its high Price to Book Value ratio of 13.7.
In the broader market context, Triveni Turbine's performance has been notably weaker than the benchmark, with a year-to-date return of -29.82% compared to a positive return of 2.85% for the Sensex. Over the past year, while the broader market has declined by only 2.43%, Triveni Turbine's stock has suffered a much steeper drop of -28.56%. This stark contrast highlights the stock's underperformance relative to the market, which may be influencing investor sentiment and contributing to the ongoing decline in its price.