Why is Titan Intech falling/rising?

As of 24-Jul, Titan Intech Ltd's stock price is currently at 16.43, reflecting a decrease of 0.17, or 1.02%. The stock has underperformed its sector by 1.1% today, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains lower than the 200-day moving average. The delivery volume has significantly dropped by 74.73% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a return of +7.11%, while it has underperformed the market with a year-to-date return of -59.49% compared to the Sensex's +5.18%. The company's high management efficiency, indicated by a 22.00% ROE, and strong debt servicing ability with a low Debt to EBITDA ratio of 0.17 times, are overshadowed by a significant decline in profits and net sales over the past year.
Broader Market Context: In the last year, Titan Intech has notably underperformed the broader market, generating a return of -55.71% compared to the BSE500's positive return of 0.99%. The stock's recent performance is further impacted by negative financial results, including a 67.0% drop in PBT and a 27.27% decline in PAT, alongside a 33.95% decrease in net sales over the latest six months. This stark contrast to the market's performance, coupled with the stock trading at a premium compared to its peers, suggests that investor sentiment remains cautious, contributing to the stock's current downward movement.