Why is Tirupati Sarjan falling/rising?

As of 22-Aug, Tirupati Sarjan Ltd's stock price is currently at 12.77, reflecting an increase of 0.06 or 0.47%. The stock has been gaining for the last two days, with a total return of 1.75% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in its price momentum. Despite a significant drop of 15.37% over the past month and a year-to-date decline of 33.52%, the stock's valuation appears attractive with a ROCE of 8.4 and a PEG ratio of 0.6, suggesting it is undervalued compared to peers. However, concerns about long-term fundamental strength, including a high Debt to EBITDA ratio and weak operating profit growth, contribute to a cautious outlook.
In the broader market context, while the Sensex has gained 0.88% over the past week, Tirupati Sarjan has underperformed with a decline of 3.98%. This trend of underperformance is consistent with its year-long return of -21.85%, significantly worse than the market's negative return of -2.49%. The stock's recent price increase may be attributed to rising investor participation, as evidenced by a 170.46% increase in delivery volume, but the overall negative sentiment and weak long-term fundamentals suggest that the stock may continue to face challenges in the near future.