Why is Tirupati Tyres falling/rising?

As of 18-Sep, Tirupati Tyres Ltd is currently priced at 9.99, reflecting a slight increase of 0.02, or 0.2%. The stock has been gaining for the last two days, with a total return of 0.4% over this period, although it has underperformed in the longer term, with a year-to-date decline of 23.04% and a staggering 46.29% drop over the past year. Today's performance indicates that the stock has outperformed its sector by 0.96%. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 10.96% compared to the five-day average. The company has reported positive quarterly results, with the highest profit after tax recorded at Rs 0.68 crore, but it also faces significant challenges, including operating losses and weak long-term fundamentals, which contribute to its classification as a strong sell.
In the broader market context, the stock's short-term performance of +0.40% over the past week contrasts with the Sensex's gain of +1.80%, indicating that while there is some upward movement, it is not keeping pace with the overall market. The stock's long-term performance has been poor, with a decline of 61.13% over the past three years, compared to a 41.08% increase in the benchmark. This underperformance, coupled with a weak ability to service debt and a high valuation relative to peers, suggests that despite recent gains, the stock remains under pressure in a market that is generally performing better.