Why is Triveni Turbine falling/rising?

As of 04-Sep, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at Rs 514.60, which reflects a decrease of Rs 14.85 or 2.8%. The stock has underperformed its sector by 1.99% today and has been on a consecutive downward trend for the last two days, with a total drop of 2.94%. Additionally, the stock has shown significant underperformance over various periods, with a 1-month return of -13.10% and a year-to-date decline of -30.37%. The company's recent financial performance has also been concerning, with net sales and profit after tax falling significantly compared to previous quarters, contributing to a perception of weakness in its fundamentals.
In the broader market context, while the Sensex has gained 0.80% over the past week, Triveni Turbine's stock has decreased by 1.62%, indicating a notable divergence from the benchmark. The stock's performance has been particularly poor over the past year, with a return of -32.76% compared to the BSE500's decline of only -4.38%. Despite strong long-term fundamentals, such as a solid return on equity and low debt levels, the stock's high valuation and recent earnings declines have led to a lack of investor confidence, resulting in reduced trading volumes and liquidity.