Why is Tirupati Forge falling/rising?

As of 04-Nov, Tirupati Forge Ltd is currently priced at 38.54, reflecting a decrease of 0.63, or 1.61%. The stock has underperformed its sector today by 0.44%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 3.96%, while it has gained 4.93% over the past month. Despite a healthy long-term growth rate in net sales and operating profit, the stock has faced challenges, including a year-to-date decline of 36.54% and a return of -13.53% over the past year, coinciding with a 17.8% drop in profits. The company maintains a low Debt to EBITDA ratio of 0.96, indicating a strong ability to service debt, which could support its valuation despite recent price movements.
In the broader market context, the Sensex has declined by 1.31% over the past week, suggesting that the stock's short-term performance is worse than the benchmark. While Tirupati Forge has shown some resilience with a 4.93% increase over the past month compared to the Sensex's 2.83% rise, the overall negative sentiment surrounding the stock, reflected in its significant year-to-date drop, may be contributing to its current price decline. The liquidity of the stock remains adequate for trading, with a notable increase in delivery volume, indicating some investor interest despite the recent downturn.