Why is Tirupati Tyres falling/rising?

As of 10-Sep, Tirupati Tyres Ltd is currently priced at 9.95, reflecting an increase of 0.13 or 1.32%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has outperformed its sector by 1.71% today, and there has been a notable increase in investor participation, with delivery volume rising by 60.79% against the 5-day average. However, the stock has experienced significant underperformance over the longer term, with a year-to-date decline of 23.34% and a staggering 50.62% drop over the past year. The company's fundamentals are concerning, as it has reported operating losses and a weak ability to service its debt, which contributes to its weak long-term growth prospects.
In the broader market context, while Tirupati Tyres has seen a slight increase today, its short-term performance remains lackluster compared to the benchmark, as it has declined by 0.30% over the past week, while the Sensex has gained 1.06%. This underperformance is indicative of the stock's struggles in a generally positive market environment. The company's valuation appears expensive relative to its peers, with a price-to-book ratio of 1.3, and despite a significant increase in profits, the stock's returns have not reflected this growth. Overall, the combination of weak fundamentals, poor long-term performance, and a challenging market backdrop suggests that the stock's recent rise may not be sustainable.