Why is Tirupati Tyres falling/rising?

As of 25-Aug, Tirupati Tyres Ltd is experiencing a decline in its stock price, currently at 9.80, which reflects a decrease of 0.2 or 2.0%. The stock has underperformed the sector today by 2.01% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.26% in this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a positive quarterly profit after tax of Rs 0.68 crore reported on June 25, the company faces significant challenges, including operating losses and weak long-term fundamental strength, which contribute to its poor performance, including a staggering 61.75% decline in returns over the past year. In the broader market context, Tirupati Tyres has significantly underperformed the Sensex, which has shown a slight increase of 0.45% over the past week, while the stock has dropped by 3.54%. This trend of underperformance is consistent over longer periods, with the stock yielding a negative return of 24.50% year-to-date and 44.79% over the last three years, compared to the Sensex's positive growth. The company's weak ability to service its debt, indicated by a poor EBIT to Interest ratio of 0.24, and its high valuation relative to peers, further exacerbate investor concerns, leading to a lack of confidence in its future performance.