Why is Tolins Tyres falling/rising?

As of 21-Jul, Tolins Tyres Ltd is currently priced at Rs 162.55, reflecting a decrease of Rs 1.6 or 0.97%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.54%. Today's performance indicates that it has underperformed its sector by 0.47%, and it reached an intraday low of Rs 159.05, which is a drop of 3.11%. Over the past week, the stock has remained flat with a 0.00% return, while in the last month, it has increased by 5.72%. However, year-to-date, it has significantly underperformed with a decline of 17.80%. The company has a strong ability to service debt, as indicated by a low Debt to EBITDA ratio of 0.81 times, and its return on equity (ROE) of 11.9 suggests an attractive valuation. Despite these positives, the stock's recent movement is negatively impacted by flat results in March 2025, with net sales reported at the lowest level of Rs 69.53 crore, and a decrease in institutional investor participation, which has fallen by 2.28% over the previous quarter.
In the broader market context, Tolins Tyres has shown a mixed performance compared to the benchmark Sensex. While the stock has remained flat over the past week, the Sensex has slightly declined by 0.06%. In the last month, Tolins Tyres has outperformed the Sensex, which has dropped by 0.25%. However, the year-to-date performance starkly contrasts with the Sensex, which has gained 5.20%, highlighting the stock's struggle in the current market environment. The falling participation from institutional investors, who typically have more resources to analyze company fundamentals, may further contribute to the stock's downward pressure, indicating a lack of confidence in its future performance.