Why is TARC Ltd falling/rising?

As of 14-Nov, TARC Ltd's stock price is currently at Rs 141.00, reflecting a decrease of Rs 2.8 or 1.95%. Today's performance indicates that the stock has underperformed its sector by 2.04%, with an intraday low of Rs 140.6. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a rise in delivery volume by 45.35% on November 13, the stock has shown significant underperformance over various periods, including a 30.09% decline over the past year, while the company's financials reveal operating losses and a high Debt to EBITDA ratio of -1.00 times, indicating weak long-term fundamental strength.
In the broader market context, TARC Ltd's recent performance contrasts sharply with the benchmark, as the Sensex has gained 1.62% over the past week and 8.22% year-to-date. This stark difference highlights the stock's struggle, particularly as it has underperformed the market significantly over the last year. While the company reported positive net sales and profit after tax in its latest results, the overall financial health remains concerning due to negative EBITDA and low return on equity, which contribute to a perception of risk among investors.