Why is Tolins Tyres falling/rising?

As of 17-Jul, Tolins Tyres Ltd is experiencing a price increase, with its current price at Rs 165.10, reflecting a rise of Rs 4.15 or 2.58%. Today's price summary indicates that the stock has outperformed its sector by 1.88% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 167.65, and it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, with delivery volume falling by 38.68% against the 5-day average. Despite a year-to-date return of -16.51%, the company's strong ability to service debt, indicated by a low Debt to EBITDA ratio of 0.81 times, and a very attractive valuation with a return on equity of 11.9, suggest a solid financial foundation that may support the stock's recent upward movement.
In the broader market context, Tolins Tyres has shown a 4.59% increase over the past month, while the benchmark Sensex has only risen by 0.83% during the same period. This indicates that the stock is performing better than the overall market in the short term. However, the year-to-date performance of Tolins Tyres remains significantly lower than the Sensex, which has gained 5.27%. The contrasting performance highlights the stock's potential recovery, driven by its recent price movements and underlying financial strengths, despite its overall negative trend for the year.