Why is TARC Ltd falling/rising?

As of 11-Aug, TARC Ltd's stock price is currently at Rs 169.45, reflecting an increase of Rs 4.7 or 2.85%. Today's price summary indicates that the stock has outperformed its sector by 1.21% and has experienced a trend reversal, gaining after seven consecutive days of decline. The stock reached an intraday high of Rs 169.9, and there has been a rise in investor participation, with delivery volume increasing by 1.94% compared to the five-day average. However, despite these short-term gains, the stock has underperformed significantly over longer periods, with a one-year return of -24.52%, and the company has reported negative results for the last seven consecutive quarters, indicating weak long-term fundamental strength.
In the broader market context, TARC Ltd's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of only -0.51% over the past week. While TARC's stock has gained today, its year-to-date performance remains negative at -4.78%, compared to the Sensex's positive return of +3.15%. The company's financial struggles, including high debt levels and negative earnings, contribute to a perception of risk among investors, which may limit its ability to sustain upward momentum despite today's gains. Overall, while there are signs of short-term recovery, the long-term outlook remains challenging due to ongoing operational losses and declining profitability.