Why is Tirupati Sarjan falling/rising?

As of 24-Jun, Tirupati Sarjan Ltd's stock price is currently at 15.00, reflecting an increase of 0.5, or 3.45%. Today's performance indicates that the stock has outperformed its sector by 3.11%. It is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Despite a year-to-date decline of 21.92%, the stock has shown a modest monthly gain of 3.23%. The company has a very attractive valuation with a return on capital employed (ROCE) of 8.4 and a low enterprise value to capital employed ratio of 0.7, suggesting it is trading at a discount compared to its peers. However, the stock faces challenges with weak long-term fundamental strength, as indicated by a high debt to EBITDA ratio and flat results in recent quarters.
In the broader market context, the Sensex has increased by 0.58% over the past week, while Tirupati Sarjan's performance has remained flat in the same period. The stock's year-to-date performance contrasts sharply with the Sensex's gain of 5.01%, indicating that while the stock has seen some short-term recovery, it is still lagging behind the overall market. The declining investor participation, with a 19.26% drop in delivery volume against the 5-day average, may also reflect cautious sentiment among investors. Overall, while there are positive indicators for Tirupati Sarjan, such as attractive valuations and recent profit growth, the stock's long-term fundamentals and recent performance relative to the benchmark suggest a complex situation for investors.