Why is T T falling/rising?

As of 25-Jul, T T Ltd's stock price is currently at 13.01, reflecting a decline of 0.44, or 3.27%. The stock has underperformed its sector today by 0.4%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, T T Ltd has seen a significant drop of 6.27%, and its performance over the last month has also been poor, with a decline of 12.68%. Despite a positive return of 12.06% over the past year, the company has faced challenges, including a substantial decrease in operating profits and a high debt-to-EBITDA ratio, which indicates weak long-term fundamental strength. The recent flat results in March, including a significant fall in profit after tax, have further contributed to negative sentiment around the stock.
In the broader market context, T T Ltd's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.36% over the past week. The textile sector as a whole has also experienced a downturn, falling by 2.96%. This broader decline, coupled with a notable drop in investor participation, as evidenced by a 55.88% decrease in delivery volume, suggests a lack of confidence among investors. While T T Ltd has historically outperformed the market over longer periods, the current trends indicate that investors are reacting to the company's weak financial fundamentals and declining profitability, leading to the stock's recent price drop.