Why is Tirupati Forge falling/rising?

As of 09-Jul, Tirupati Forge Ltd's stock price is currently at 44.55, reflecting a decrease of 0.72, or 1.59%. The stock has underperformed its sector by 1% today, despite being higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average. Over the past week, the stock has seen a decline of 5.89%, while it has performed positively over the last month with a return of 15.83%. However, year-to-date, the stock has dropped significantly by 26.64%. The company has shown strong long-term growth with net sales increasing at an annual rate of 39.05% and operating profit at 82.73%, but it is facing challenges with negative results reported in March, including a 34.26% decline in PAT and a 16.94% drop in net sales.
In the broader market context, the Sensex has shown a slight increase of 0.09% over the past week, contrasting with Tirupati Forge's decline. While the stock has outperformed the BSE500 over the last year with a return of 60.89%, its recent performance indicates a struggle to maintain momentum, particularly in light of the negative quarterly results and an expensive valuation relative to its peers. The stock's ability to service debt remains strong, but the recent financial setbacks may be contributing to investor caution, leading to the current downward price movement.