Why is TARC Ltd falling/rising?

As of 07-Aug, TARC Ltd's stock price is currently at 167.00, reflecting a decrease of 3.25, or 1.91%. The stock has been on a downward trend, having underperformed its sector by 1.75% today and experiencing a consecutive fall over the last six days, resulting in a total decline of 11.43% during this period. The stock opened significantly lower today, with a gap down of 5.37%, and reached an intraday low of Rs 161.1. Additionally, the stock's performance over the past week shows a decline of 9.68%, and over the past month, it has decreased by 10.22%. Notably, there has been a drop in investor participation, with delivery volume falling by 22.9% against the five-day average, indicating reduced interest among investors.
In the broader market context, TARC Ltd's performance contrasts sharply with the Sensex, which has only declined by 0.69% over the past week and 3.38% over the past month. While TARC Ltd has shown impressive growth over the last three years with a return of 353.80%, its year-to-date performance is negative at -6.15%, compared to the Sensex's positive return of 3.18%. This suggests that while the stock has had a strong historical performance, its recent struggles are significant, particularly in the short term, as it continues to lag behind the benchmark.