Why is TARC Ltd falling/rising?

As of 18-Jul, TARC Ltd's stock price is currently at Rs 195.75, reflecting a decrease of Rs 3.95 or 1.98%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 3.81% during this period. Today's performance shows that it underperformed its sector by 1.42%. Additionally, the stock's recent returns indicate a 2.51% decline over the past week, while it has gained 5.81% over the last month. However, the company has reported negative results for the last seven consecutive quarters, with significant operating losses and a high Debt to EBITDA ratio, which contributes to its weak long-term fundamental strength and low profitability.
In the broader market context, TARC Ltd's short-term performance contrasts with the Sensex, which has only declined by 0.90% over the past week. Despite a positive return of 10.00% year-to-date, the stock's overall performance has been lackluster, with a 2.27% decline over the past year. The falling investor participation, as evidenced by a 39% drop in delivery volume, further indicates waning interest in the stock. Given these factors, including the company's ongoing financial struggles and negative EBITDA, the stock's current downward trend appears to be driven by both internal challenges and relative underperformance compared to the broader market.