Why is Triveni Turbine falling/rising?

As of 10-Sep, Triveni Turbine Ltd. is currently priced at 515.70, reflecting a rise of 1.5 (0.29%). The stock has shown a consecutive gain over the last two days, with a total return of 1.42% during this period. However, it has underperformed its sector by 0.82% today and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has experienced a significant decline in investor participation, with delivery volume falling by 47.12% compared to the five-day average. The company's recent financial performance has also raised concerns, as net sales and profit after tax have decreased significantly compared to previous quarters, leading to a perception of an expensive valuation despite strong long-term fundamentals.
In the broader market context, Triveni Turbine has underperformed the benchmark indices, with a one-year return of -30.94% compared to the BSE500's decline of only -2.89%. This stark contrast highlights the stock's struggles relative to the market, contributing to a negative sentiment among investors. While the company boasts strong fundamentals, such as a high return on equity and low debt levels, the recent financial downturn and high institutional holdings suggest that more knowledgeable investors are cautious about the stock's future performance. Overall, the combination of declining sales, reduced investor participation, and significant underperformance against the benchmark has led to a challenging environment for Triveni Turbine's stock price.