Why is Tirupati Forge falling/rising?

As of 08-Jul, Tirupati Forge Ltd is currently priced at 45.27, reflecting a decrease of 0.14, or 0.31%. The stock has shown a strong performance over the past month, with a return of 20.05%, significantly outperforming the Sensex, which only gained 2.08%. Despite this positive trend, the stock has experienced a decline today, although it has outperformed its sector by 1.28%. The company demonstrates a strong ability to service debt with a low Debt to EBITDA ratio of 1.07 times and has shown healthy long-term growth, with net sales increasing at an annual rate of 39.05% and operating profit at 82.73%. However, negative results reported for March 25, including a 34.26% decline in PAT and a 16.94% drop in net sales, have raised concerns about its profitability, contributing to the stock's recent price movement.
In the broader market context, the stock's short-term performance has been relatively strong compared to the benchmark, as it has outperformed the Sensex over the past week, despite the current decline. While Tirupati Forge has generated a remarkable 68.85% return over the last year, the company's profits have only risen by 18.2%, indicating a potential disconnect between stock performance and underlying financial health. The stock is trading at a discount compared to its peers' average historical valuations, which may reflect investor caution following the recent negative financial results. Overall, while the stock has shown impressive long-term growth, the recent decline in price can be attributed to concerns over profitability and market sentiment.