Why is Triveni Turbine falling/rising?

As of 03-Sep, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at 529.45, down by 0.75 or 0.14%. The stock's performance today is in line with its sector, although it is higher than its 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a decrease in investor participation, with delivery volume falling by 7.49% compared to the 5-day average. Over the past week, the stock has decreased by 0.10%, and it has seen a significant decline of 28.37% year-to-date, contrasting sharply with the Sensex, which has gained 3.11% during the same period. The company's net sales and profit after tax have also fallen significantly compared to previous quarters, contributing to a negative sentiment around the stock.
In the broader market context, Triveni Turbine has underperformed relative to the benchmark, with a one-year return of -30.55% compared to the BSE500's -4.38%. This stark contrast highlights the stock's struggles despite the overall market's relatively modest decline. The company's strong long-term fundamentals, such as a high return on equity and low debt-to-equity ratio, are overshadowed by its recent poor financial performance and high valuation metrics, which may deter investors. Additionally, the high institutional holdings suggest that while there is confidence from larger investors, the overall market sentiment remains cautious due to the company's declining sales and profits.