Why is Tirupati Starch falling/rising?

As of 01-Sep, Tirupati Starch & Chemicals Ltd is experiencing a rise in its stock price, currently at 186.50, reflecting an increase of 1.65 (0.89%). The stock has been gaining for the last two days, with a total return of 3.61% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Despite a recent decline in delivery volume by 30.66% against the 5-day average, the company has reported positive results for the last three consecutive quarters, with a remarkable growth in profit after tax (PAT) of 2,348.94%. The stock is also trading at a discount compared to its peers, and its strong performance over the past year, with a return of 13.75% and a significant profit increase of 1166%, supports its upward movement. In the broader market context, Tirupati Starch has outperformed the benchmark Sensex, which has declined by 1.56% over the past week, while the stock itself has gained 1.39%. This trend of outperformance is consistent, as the stock has shown positive returns over various periods, including a 24.25% increase year-to-date compared to the Sensex's 2.85%. The stock's consistent returns over the last three years further highlight its strength in a challenging market environment, reinforcing investor confidence despite the recent drop in trading volume.