Why is TARC Ltd falling/rising?

As of 11-Jul, TARC Ltd's stock price is currently at 200.80, reflecting an increase of 3.25, or 1.65%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total return of 6.24% during this period. Additionally, TARC Ltd has outperformed its sector by 2.86% today. The stock is trading above all its moving averages, indicating positive momentum. However, despite these short-term gains, the company faces significant challenges, including operating losses and a high Debt to EBITDA ratio, which raises concerns about its long-term fundamental strength. Institutional investors have increased their stake, suggesting confidence in the company's potential, but the company has reported negative results for the last seven consecutive quarters, which could weigh on investor sentiment.
In the broader market context, TARC Ltd's performance over the past week has been notably strong, with a return of +8.54%, while the benchmark Sensex has declined by -1.12%. This stark contrast highlights TARC's resilience in a challenging market environment. Year-to-date, TARC has outperformed the Sensex, with a return of +12.84% compared to the benchmark's +5.58%. However, the company's long-term performance remains a concern, as it has generated a return of -8.12% over the past year, while the Sensex has gained +3.26%. This divergence suggests that while TARC Ltd is experiencing short-term gains, its underlying financial issues may pose risks for sustained growth.