Why is Tarsons Products falling/rising?

As of 13-Aug, Tarsons Products Ltd is experiencing a decline in its stock price, currently at Rs 340.60, reflecting a decrease of Rs 18.5 or 5.15%. The stock has underperformed its sector today by 6.05% and has been on a consecutive downward trend for the last two days, resulting in an overall drop of 8.69% during this period. In terms of longer-term performance, the stock has seen a significant decline of 29.85% over the past year, with a particularly poor showing in the last five years where operating profit has decreased at an annual rate of 18.84%. The company's low Return on Capital Employed (ROCE) of 8.12% and a recent sharp drop in profit after tax (PAT) of 76.1% compared to the previous quarter average further indicate weak financial health, contributing to the stock's negative movement.
In the broader market context, while the Sensex has remained relatively stable with a minimal change of -0.01% over the past week, Tarsons Products has seen a more pronounced decline of 5.44% in the same timeframe. This consistent underperformance against the benchmark, coupled with a decrease in institutional investor participation, which has fallen by 0.64% in the previous quarter, suggests a lack of confidence in the company's future prospects. The stock's liquidity remains adequate, but the overall sentiment is weighed down by poor management efficiency and declining profitability, leading to a negative outlook for investors.