Why is Tirupati Tyres falling/rising?

As of 22-Jul, Tirupati Tyres Ltd's stock price is currently at 11.51, reflecting an increase of 0.54 or 4.92%. The stock has shown a strong performance recently, gaining 15.56% over the last three days and outperforming its sector by 5.15% today. Additionally, the stock has seen a significant increase in delivery volume, rising by 116.82% compared to the five-day average. However, despite these positive short-term movements, the company has a weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 3.95% and a concerning EBIT to Interest ratio of 0.29. The stock's valuation appears expensive relative to its peers, trading at a premium with a Price to Book Value of 1.6, which may deter long-term investors.
In the broader market context, Tirupati Tyres has outperformed the benchmark Sensex in the short term, with a one-week return of +14.41% compared to the Sensex's -0.47%. However, the stock has significantly underperformed over the longer term, with a one-year return of -46.47% against the Sensex's +2.09%. This stark contrast highlights the stock's volatility and the challenges it faces in maintaining investor confidence, especially given its poor long-term growth metrics and the fact that it has underperformed the market over the past year.