Why is TARC Ltd falling/rising?

As of 26-Aug, TARC Ltd's stock price is currently at Rs 164.60, reflecting a decrease of Rs 2.9 or 1.73%. Today's price summary indicates that the stock outperformed its sector by 0.36%, despite touching an intraday low of Rs 161.55, which represents a decline of 3.55%. Over the past week, the stock has shown a slight increase of 0.18%, but it has significantly underperformed over the last month with a drop of 11.51%. The company recently reported positive results for June 2025 after seven consecutive quarters of losses, achieving its highest net sales, profit after tax, and earnings per share. However, the stock faces challenges due to operating losses, a high debt-to-EBITDA ratio, and a low return on equity, indicating weak long-term fundamental strength.
In the broader market context, TARC Ltd has underperformed compared to the benchmark, with a year-to-date return of -7.50% against the Sensex's positive return of 3.39%. Over the past year, TARC's stock has declined by 25.81%, significantly more than the BSE500's negative return of 3.87%. This stark contrast highlights the stock's struggles relative to the market, contributing to its current downward price movement. The construction and real estate sector, in which TARC operates, has also seen a decline of 2.22%, further impacting investor sentiment and stock performance.