Why is Tirupati Sarjan falling/rising?

As of 26-Jun, Tirupati Sarjan Ltd's stock price is currently at 15.69, reflecting an increase of 0.45 or 2.95%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 8.21% during this period. It has outperformed its sector by 3.71% today. However, despite this positive movement, there are concerns regarding falling investor participation, as the delivery volume has decreased by 24.42% compared to the five-day average. The stock's valuation appears attractive, with a return on capital employed (ROCE) of 8.4 and a PEG ratio of 0.3, indicating that it is trading at a discount compared to its peers. Nonetheless, the company faces challenges with weak long-term fundamentals, including a high debt to EBITDA ratio and low growth in net sales and operating profit over the past five years.
In the broader market context, Tirupati Sarjan's recent performance has significantly outpaced the benchmark Sensex, which has only increased by 2.94% over the past week, while the stock has surged by 10.26%. This strong short-term performance contrasts with the year-to-date returns, where the stock has declined by 18.32%, while the Sensex has risen by 7.19%. The stock's liquidity remains adequate for trading, but the declining delivery volume may indicate a potential concern for sustained interest from investors. Overall, while the stock is currently rising, the mixed signals from its fundamentals and market participation suggest caution moving forward.