Why is Titan Intech falling/rising?

As of 01-Sep, Titan Intech Ltd's stock price is currently at 22.72, reflecting a decrease of 0.76 or 3.24%. The stock has underperformed its sector today by 4.28%, following a trend reversal after three consecutive days of gains. Despite a recent positive performance over the past week and month, where the stock gained 1.02% and 28.22% respectively, it has faced significant declines year-to-date and over the past year, with returns of -43.98% and -51.15%. The company shows high management efficiency with a return on equity (ROE) of 22.00% and a low debt to EBITDA ratio of 0.17, but it has also reported negative sales growth and profit declines, which contribute to the stock's recent downward movement.
In the broader market context, while the Sensex has shown a slight positive return of 2.85% year-to-date, Titan Intech's performance has been significantly worse, indicating a substantial underperformance relative to the market. The stock's liquidity appears adequate for trading, but the negative results reported in June, including a 41.26% decline in net sales and a 50.64% drop in profit after tax, have likely influenced investor sentiment negatively. Overall, the combination of recent poor financial results, a significant drop in stock value over the past year, and underperformance against the benchmark suggests that the stock's decline is driven by both company-specific challenges and broader market dynamics.