Why is Tarapur Trans falling/rising?

As of 03-Jul, Tarapur Transformers Ltd is experiencing a decline in its stock price, currently at 26.32, reflecting a decrease of 0.53 or 1.97%. The stock has underperformed its sector by 1.99% today and has been on a downward trend for the last two days, accumulating a total loss of 3.91% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a strong performance over the past year with a return of 101.07%, the company faces significant challenges, including a negative book value and a high Debt to EBITDA ratio of -1.00 times, which indicates a weak long-term fundamental strength. Furthermore, 94.7% of promoter shares are pledged, adding to the downward pressure in a falling market.
In the broader market context, the stock's short-term performance has been notably poor, with a 5.83% decline over the past week compared to a minor decrease of 0.62% in the Sensex. While the stock has outperformed the benchmark over the past year, the recent trends suggest a shift in investor sentiment, likely influenced by the company's negative EBITDA and falling profits, which have decreased by 790.4% over the past year. The decline in delivery volume, which has fallen by 13.9% against the 5-day average, further indicates a lack of investor participation, contributing to the stock's current downward trajectory.