Why is T & I Global falling/rising?

As of 03-Sep, T & I Global Ltd's stock price is currently at 177.05, reflecting a decrease of 3.4 points or 1.88%. Today's price summary indicates that the stock has underperformed its sector by 2.25% and has experienced a trend reversal, falling after three consecutive days of gains. The stock reached an intraday high of Rs 188.95 but also touched a low of Rs 175, with more volume traded closer to the lower price. Despite trading above its moving averages, the stock has shown a year-to-date decline of 14.05%, with profits falling by 52.3% over the past year, contributing to its negative performance. The recent positive quarterly results, including a significant growth in PAT and net sales, have not been sufficient to offset the long-term fundamental weaknesses indicated by a -32.97% CAGR growth in operating profits over the last five years.
In the broader market context, T & I Global's short-term performance has been relatively better compared to the Sensex, with a 1-week return of 1.08% against the benchmark's -0.27%. However, the stock's year-to-date performance contrasts sharply with the Sensex's positive return of 3.11%. This divergence suggests that while the stock has shown some resilience in the short term, its long-term outlook remains weak, further compounded by the significant drop in profits and the stock trading at a premium compared to its peers. The overall market sentiment may be cautious due to these underlying issues, influencing investor behavior and contributing to the stock's current decline.