Why is Tirupati Starch falling/rising?

As of 24-Jun, Tirupati Starch & Chemicals Ltd is experiencing a price increase, with its current price at Rs 170.00, reflecting a rise of Rs 5.0 or 3.03%. The stock has outperformed its sector today by 2.63%, reaching an intraday high of Rs 172, which is a 4.24% increase. However, it is important to note that the stock's delivery volume has significantly decreased, falling by 94.29% compared to the 5-day average, indicating a decline in investor participation. In terms of returns, the stock has shown a positive performance over the past week, gaining 4.29%, but it has underperformed over the past month with a decline of 1.68%. Year-to-date, the stock is up 13.26%, contrasting with a substantial year-over-year decline of 28.44%.
In the broader market context, the Sensex has shown a modest increase of 0.58% over the past week, while Tirupati Starch's performance has been notably stronger in the same timeframe. This suggests that the stock's recent rise is driven by factors specific to the company rather than the overall market trend. Despite the positive short-term performance, the stock's long-term returns indicate volatility, with a significant drop over the past year, while it has outperformed the Sensex over the last three and five years. This mixed performance highlights the complexities of investor sentiment and market conditions surrounding Tirupati Starch & Chemicals Ltd.