Why is Tarsons Products falling/rising?

As of 22-Sep, Tarsons Products Ltd is currently priced at 310.10, reflecting a slight increase of 0.6 (0.19%). The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.89%. However, it is trading below all key moving averages, indicating ongoing weakness. Over the past week, the stock has decreased by 0.61%, and it has significantly underperformed the benchmark Sensex over various periods, including a year-to-date decline of 23.32% compared to a 5.15% increase in the Sensex. Despite a strong ability to service debt, evidenced by a healthy EBIT to Interest ratio of 12.54, the company faces challenges such as poor management efficiency with a low ROCE of 8.12% and negative long-term growth trends, which have contributed to its recent price movements.
In the broader market context, while Tarsons Products has experienced a minor uptick today, its overall performance remains concerning when compared to the benchmark. The stock has consistently underperformed against the BSE500 over the last three years, with a one-year return of -35.51%. Institutional investor participation has also declined, with a 0.64% reduction in their stake, indicating a lack of confidence in the stock's fundamentals. This combination of factors suggests that while there may be short-term fluctuations, the long-term outlook for Tarsons Products remains challenging in comparison to the broader market.