Why is Titan Intech falling/rising?

As of 28-Aug, Titan Intech Ltd is currently priced at 22.89, reflecting a slight increase of 0.07 or 0.31%. The stock has been gaining for the last two days, with a total return of 1.78% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there is a notable decline in investor participation, as the delivery volume has decreased by 34.5% compared to the 5-day average. Despite a significant annual decline of 49.16% in stock returns, the company has demonstrated high management efficiency with a return on equity (ROE) of 22.00% and a strong ability to service debt, reflected in a low Debt to EBITDA ratio of 0.17 times. Nevertheless, the stock is trading at a premium relative to its peers, and its profits have fallen by 21.4% over the past year.
In the broader market context, Titan Intech's short-term performance has outpaced the Sensex, which has declined by 2.34% over the past week, while Titan Intech has gained 0.84%. This contrast highlights the stock's relative strength in a declining market. However, the stock's year-to-date performance remains concerning, with a decline of 43.57% compared to a modest increase of 2.48% in the Sensex. The overall negative sentiment surrounding the stock, driven by poor financial results in the last six months, has contributed to its underperformance relative to the broader market, suggesting that while there are some positive indicators, the stock faces significant challenges that may hinder its recovery.