Why is Tasty Dairy falling/rising?

As of 17-Sep, Tasty Dairy Specialities Ltd is currently priced at 8.49, reflecting a slight increase of 0.01 or 0.12%. The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 0.45%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. The stock has experienced significant underperformance over the past year, with a return of -43.13%, and has consistently lagged behind the benchmark BSE500 over the last three years. Additionally, the company has a negative book value and a high Debt to EBITDA ratio, which raises concerns about its long-term fundamental strength and ability to service debt.
In the broader market context, Tasty Dairy's short-term return of -1.05% over the past week contrasts sharply with the Sensex, which has gained 1.56% in the same period. This disparity highlights the stock's ongoing struggles relative to the market. Despite high institutional holdings at 27.02%, which could provide some analytical support, the company's weak profitability, as evidenced by a low Return on Equity of 1.65%, and negative EBITDA further contribute to its risk profile. Overall, while there is a minor uptick in price, the underlying fundamentals and market performance suggest a challenging environment for Tasty Dairy.