Why is Tirupati Starch falling/rising?

As of 15-Sep, Tirupati Starch & Chemicals Ltd is experiencing a price increase, currently at Rs 216.40, which reflects a rise of 3.4 or 1.6%. The stock has reached a new 52-week high of Rs 217.3 today and has shown strong performance over the past week, gaining 25.27% in returns. Despite opening lower with a loss of 3.38%, the stock has been on an upward trend for the last seven days. The company has reported positive results for the last three consecutive quarters, with a significant profit after tax growth of 306.54% in the latest six months. Additionally, the stock is trading at a discount compared to its peers, and its impressive return of 35.89% over the past year, coupled with a PEG ratio of 0, indicates strong growth potential. In the broader market context, Tirupati Starch has outperformed the benchmark Sensex significantly, with a one-week return of 16.91% compared to the Sensex's 1.24%. The stock has consistently generated returns over the last three years, outperforming the BSE500 in each of the last three annual periods. However, there is a noted decline in investor participation, with delivery volume falling by 47.78% against the five-day average, which may indicate some caution among investors despite the overall positive performance. The liquidity of the stock remains adequate for trading, suggesting that while the stock is rising, there are mixed signals regarding investor confidence.