Why is Triveni Turbine falling/rising?

As of 24-Sep, Triveni Turbine Ltd. is experiencing a decline in its stock price, currently at 522.55, reflecting a decrease of 7.3 points or 1.38%. The stock has underperformed its sector by 0.92% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.2%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 23.08% and a low Debt to Equity ratio, the recent financial performance has been disappointing, with net sales and profit after tax falling significantly compared to previous quarters.
In the broader market context, Triveni Turbine's short-term performance has been notably weaker than the benchmark, with a 1-week return of -3.23% compared to the Sensex's -1.18%. Over the past year, the stock has generated a return of -28.79%, which is significantly worse than the BSE500's decline of -5.32%. This underperformance, coupled with a high Price to Book Value ratio and a PEG ratio of 2.6, suggests that the stock is considered expensive relative to its earnings growth potential. The combination of declining sales and profits, alongside a lack of positive momentum in the stock's price, contributes to the current downward trend.