Why is Triveni Turbine falling/rising?

As of 09-Sep, Triveni Turbine Ltd. is currently priced at 514.20, reflecting an increase of 5.7 or 1.12%. The stock has shown a trend reversal by gaining after four consecutive days of decline, although it is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite today's performance, the stock has underperformed in the short term, with a 1-week return of -3.02% compared to the Sensex's +1.18%. The company's net sales and profit after tax have fallen significantly, indicating weaker financial performance, while its high institutional holdings suggest that knowledgeable investors are still backing the stock. However, the stock's expensive valuation and negative returns over the past year highlight ongoing concerns.
Broader Market Context: In the context of the broader market, Triveni Turbine has underperformed significantly, with a year-to-date return of -30.43% compared to the Sensex's +3.79%. While the stock has outperformed its sector today, the overall trend remains negative, as evidenced by its substantial decline over the past year. The broader market has experienced a slight downturn, but Triveni's losses have been much more pronounced, indicating that investor sentiment towards the stock is weak despite some positive indicators in terms of long-term fundamentals.