Why is Tirupati Tyres falling/rising?

As of 23-Sep, Tirupati Tyres Ltd is currently priced at 9.89, reflecting a slight increase of 0.03 or 0.3%. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it has outperformed its sector by 1.88% today. However, despite this short-term uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Tirupati Tyres has experienced a significant decline of 51.21%, indicating poor long-term performance, despite a notable increase in profits by 142%. The company faces challenges such as operating losses and weak long-term fundamental strength, which contribute to its expensive valuation relative to peers.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex over various periods, including a 1-week decline of 0.60% compared to the Sensex's 0.34% drop. While the stock has shown some positive movement today, its long-term outlook remains concerning due to weak debt servicing capabilities and a low return on equity of 2.9. The liquidity of the stock appears adequate, with a notable increase in delivery volume, suggesting some investor interest. However, the overall negative factors, including poor growth metrics and high valuation, overshadow the recent price increase, indicating that the stock's long-term trajectory remains uncertain.