Why is Tirupati Sarjan falling/rising?

As of 02-Sep, Tirupati Sarjan Ltd's stock price is currently at 12.78, reflecting an increase of 0.07 or 0.55%. The stock has shown a positive trend recently, gaining 8.95% over the last three days, although it underperformed its sector by 0.5% today. Despite this short-term gain, the stock has a year-to-date decline of 33.47% and a one-year return of -34.12%. The company has a Return on Capital Employed (ROCE) of 8.4, indicating a very attractive valuation with a PEG ratio of 0.6, suggesting it is trading at a discount compared to its peers. However, the stock faces challenges, including a high Debt to EBITDA ratio of 4.42 times and weak long-term growth, which may contribute to investor caution.
In the broader market context, Tirupati Sarjan's recent performance contrasts with the Sensex, which has seen a slight increase of 2.58% year-to-date. While the stock has outperformed the benchmark in the short term with a 2.65% gain over the past week, its long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. This mixed performance, combined with falling investor participation and liquidity issues, suggests that while there may be short-term gains, the overall sentiment towards the stock remains cautious due to its long-term fundamentals.