Why is Tirupati Starch falling/rising?

As of 01-Aug, Tirupati Starch & Chemicals Ltd is currently priced at 185.30, reflecting a decrease of 1.7, or 0.91%. Today, the stock opened with a gain of 4.81% and reached an intraday high of Rs 196, but it also experienced a low of Rs 182, indicating volatility. Despite this decline, the stock has outperformed its sector by 1.05%. Over the past week, the stock has seen a drop of 2.68%, while it has performed well over the past month with a return of 12.61%. The company has reported positive results for the last three consecutive quarters, with a significant growth in profit after tax of 306.54% in the latest six months. However, it faces challenges due to high debt levels and weak long-term fundamental strength, which may contribute to the current price movement. In the broader market context, Tirupati Starch's recent performance contrasts with the benchmark Sensex, which has declined by 1.06% over the past week. While the stock has shown strong returns year-to-date at 23.45%, its one-year return is slightly negative at -1.72%, similar to the Sensex's -1.55%. The chemicals sector overall has fallen by 2.02%, indicating a challenging environment. Additionally, the stock's liquidity has decreased, with a significant drop in delivery volume, suggesting reduced investor participation. This combination of factors, including strong short-term performance but underlying weaknesses, may explain the stock's current price decline.