Why is Tirupati Tyres falling/rising?

As of 22-Sep, Tirupati Tyres Ltd is currently priced at 9.92, reflecting a decrease of 0.06 or 0.6%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 0.7%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. In the past week, the stock has underperformed its sector by 0.36%, and over the last year, it has generated a return of -48.71%. While there was 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 declining stock price.
Broader market context shows that the Sensex has gained 0.46% over the past week, contrasting sharply with Tirupati Tyres' decline of 1.20% in the same period. This underperformance is further highlighted by the stock's negative returns over various timeframes, including a 23.57% drop year-to-date and a staggering 61.02% decline over three years, while the benchmark has risen by 38.97% in that time. The company's weak ability to service its debt, reflected in a poor EBIT to Interest ratio of 0.24, along with a high price-to-book value compared to peers, suggests that investors are losing confidence, leading to the stock's downward trajectory amidst a generally positive market environment.