Why is Tarsons Products falling/rising?

As of 02-Sep, Tarsons Products Ltd is currently priced at 316.50, reflecting a decrease of 5.2, or 1.62%. The stock has underperformed its sector today by 2.33%, having touched an intraday low of Rs 314, which represents a decline of 2.39%. Over the past week, the stock has seen a minor decline of 0.16%, but it has significantly underperformed over the last month with a drop of 15.40%. The company's financial health is concerning, as evidenced by a low Return on Capital Employed (ROCE) of 8.12% and a significant decline in operating profit over the past five years. Additionally, the recent negative financial results, including a 76.1% drop in profit after tax compared to the previous quarter average, have likely contributed to the stock's downward movement. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 85.91% against the five-day average, indicating waning interest among investors.
In the broader market context, the stock's performance has been consistently poor compared to the benchmark, with a year-to-date return of -21.74% against a positive return of 2.58% for the Sensex. This underperformance is compounded by the fact that institutional investors have reduced their stake in the company by 0.64% in the previous quarter, suggesting a lack of confidence in its future prospects. The stock has also lagged behind the BSE500 in each of the last three annual periods, further highlighting its struggles in the market. Overall, the combination of weak financial performance, declining investor interest, and consistent underperformance against benchmarks has contributed to the stock's current decline.