Why is Tarmat falling/rising?

As of 14-Jul, Tarmat Ltd's stock price is currently at 61.82, reflecting a decrease of 0.51, or 0.82%. The stock has shown a strong performance over the past week and month, with returns of +13.54% and +14.48%, respectively. However, it has underperformed the sector today by 0.38%. Despite higher delivery volumes indicating rising investor participation, the stock's long-term fundamentals are weak, evidenced by a -32.56% CAGR growth in operating profits over the last five years and a low return on equity of 3.89%. Additionally, the stock is trading at a premium compared to its peers, which may contribute to its current downward movement.
In the broader market context, Tarmat has significantly underperformed compared to the benchmark, with a one-year return of -21.10% against the Sensex's +2.15%. This stark contrast highlights the challenges the company faces in a market that has generally been more favorable. While the stock has shown some short-term gains, the overall negative sentiment surrounding its long-term profitability and valuation metrics suggests that investors remain cautious, leading to the current decline in its stock price.