Why is Titan Intech falling/rising?

As of 20-Aug, Titan Intech Ltd's stock price is currently at 22.12, reflecting a decrease of 0.29, or 1.29%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.51%. Despite a strong performance over the past month with a return of 37.48%, the stock has shown significant weakness over the year, with a decline of 35.64%. Key financial metrics indicate high management efficiency with a return on equity (ROE) of 22.00% and a low debt to EBITDA ratio of 0.17, suggesting a strong ability to service debt. However, negative results from the latest six months, including a 41.26% drop in net sales and a 50.64% decline in profit after tax, have contributed to the stock's recent downward trend.
In the broader market context, while the Sensex has gained 1.64% over the past week, Titan Intech's performance has lagged, underperforming its sector by 1.85%. The stock's liquidity remains adequate, with a delivery volume increase of 6.53% against the five-day average, indicating rising investor participation. However, the stock's long-term growth prospects are tempered by its significant year-to-date decline of 45.46%, which is starkly higher than the benchmark's 4.76% gain. Overall, the combination of recent poor financial performance and underwhelming market returns has led to the stock's current decline.