Why is Tasty Dairy falling/rising?

As of 19-Sep, Tasty Dairy Specialities Ltd is experiencing a decline in its stock price, currently at 8.40, which reflects a decrease of 0.25 or 2.89%. Today's price summary indicates that the stock has underperformed its sector by 2.3% and has fallen after two consecutive days of gains. Additionally, Tasty Dairy is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The stock has also seen a significant drop in investor participation, with delivery volume falling by 43.62% compared to the 5-day average. Over the past year, the company has generated a return of -43.24%, indicating consistent underperformance against the benchmark, which has further contributed to the stock's negative sentiment.
In the broader market context, Tasty Dairy's short-term return over the past week is -4.00%, while the Sensex has gained 0.88%, highlighting a stark contrast in performance. The company's high institutional holdings at 27.02% suggest that these investors, who typically have better resources for analyzing fundamentals, may be cautious due to the company's negative book value and weak long-term fundamental strength, including a high debt-to-EBITDA ratio and low profitability as indicated by a return on equity of only 1.65%. Furthermore, the company's flat results in net sales and profit after tax, both showing a decline of 47.10%, along with a negative EBITDA, reinforce the perception of risk associated with the stock, leading to its continued decline in value.