Why is Tirupati Forge falling/rising?

As of 24-Sep, Tirupati Forge Ltd is currently priced at 36.83, reflecting a decrease of 0.69, or 1.84%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has declined, with delivery volume dropping by 36.32% compared to the 5-day average. Over the past week, the stock has seen a significant decline of 6.81%, while its performance over the past month shows a drop of 12.29%. Despite a year-on-year return of 4.28%, the company's profits have decreased by 17.8%, and it has reported negative results for the last three consecutive quarters, contributing to the stock's downward movement.
In the broader market context, the Sensex has only declined by 1.08% over the past week, suggesting that Tirupati Forge's performance is underperforming relative to the benchmark. While the company has a strong ability to service debt and healthy long-term growth metrics, these positives are overshadowed by recent negative earnings reports and declining investor interest. The stock is trading at a discount compared to its peers, but the persistent negative results and falling profits are likely driving investor sentiment down, leading to the stock's current decline.