Why is TARC Ltd falling/rising?

As of 21-Jul, TARC Ltd's stock price is currently at 193.45, reflecting a decline of 2.3 points or 1.17%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 4.94% during this period. Additionally, the stock's performance today has underperformed its sector by 1.62%. Over the past week, TARC Ltd has seen a return of -3.90%, while its performance over the past month shows a modest increase of 2.25%. However, the company has been facing significant challenges, including operating losses and a high Debt to EBITDA ratio, which indicates a weak long-term fundamental strength. The company has reported negative results for the last seven consecutive quarters, with net sales declining by 47.46% and a PAT of -104.52 crore, reflecting a substantial drop in profitability.
In the broader market context, TARC Ltd's recent performance contrasts with the Sensex, which has shown a slight decline of only 0.06% over the past week. While TARC Ltd has generated a return of 1.55% over the past year, its profits have plummeted by 200.1%, highlighting the stock's risky nature compared to its historical valuations. The falling investor participation, indicated by a 43.77% drop in delivery volume, further exacerbates the stock's downward trend. Overall, the combination of poor financial results, high debt levels, and declining investor interest contributes to the stock's current downward movement.