Why is Tirupati Forge falling/rising?

As of 27-Jun, Tirupati Forge Ltd is experiencing a decline in its stock price, currently at 42.32, which reflects a decrease of 2.21 or 4.96%. The stock has underperformed its sector by 5.62% today, despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a slight decline of 0.14%, while it has performed well over the past month with a return of 14.22%. However, the company has faced negative results recently, with a significant drop in PAT and net sales, contributing to a challenging outlook despite its strong long-term growth metrics and ability to service debt.
In the broader market context, the Sensex has gained 2.09% over the past week, indicating that the stock's recent performance is lagging behind the benchmark. While Tirupati Forge has generated impressive returns of 79.55% over the past year and has outperformed the BSE 500 in the long term, the recent negative financial results and high valuation concerns may be weighing on investor sentiment. The stock's performance in the short term contrasts with the overall market trend, suggesting that specific company challenges are impacting its price movement negatively.