Why is TARC Ltd falling/rising?

As of 27-Jun, TARC Ltd's stock price is currently at 191.25, reflecting a decrease of 4.75 points or 2.42%. The stock has been underperforming, having fallen for the last two days with a cumulative decline of 3.75%. Today's trading saw the stock reach an intraday high of Rs 200.4 and a low of Rs 189, indicating volatility. Despite a strong performance over the past month with a return of 15.04%, the stock has faced challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a high Debt to EBITDA ratio and negative results over the last seven quarters. Additionally, while institutional investors have increased their stake, the company's profitability remains low, contributing to the stock's recent decline.
In the broader market context, TARC Ltd's short-term performance has lagged behind the benchmark Sensex, which has increased by 2.00% over the past week, compared to TARC's gain of only 1.08%. This underperformance is compounded by a decrease in investor participation, as indicated by a 13.27% drop in delivery volume compared to the five-day average. The overall market sentiment appears to be more favorable, which contrasts sharply with TARC's ongoing struggles, including a significant drop in net sales and profitability, further influencing the stock's downward trajectory.