Why is Tasty Bite Eat. falling/rising?

As of 11-Sep, Tasty Bite Eatables Ltd is currently priced at 9,349.00, reflecting a decrease of 8.0, or 0.09%. The stock has been experiencing a downward trend, having lost value for the last four consecutive days, resulting in a total decline of 2.61% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite the company declaring positive results for the last three consecutive quarters, including a significant growth in net sales and a low debt-equity ratio, the stock has underperformed in the long term, with a 28.92% decline over the past year. This poor performance, coupled with a lack of domestic mutual fund investment, suggests a lack of confidence in the stock's future growth potential.
In the broader market context, Tasty Bite's short-term performance has been notably weaker than the benchmark, with a 1-week return of -1.66% compared to the Sensex's gain of 1.03%. This underperformance is indicative of broader market trends where the stock has consistently lagged behind, generating negative returns over various time frames, including 10.90% over the past month and 5.62% year-to-date. The stock's lack of appeal to domestic mutual funds and its overall poor long-term growth prospects further contribute to its declining price, as investors may be hesitant to engage with a company that shows signs of stagnation despite recent positive financial results.