Why is Tasty Dairy falling/rising?

As of 22-Sep, Tasty Dairy Specialities Ltd is experiencing a slight increase in its stock price, currently at 8.56, reflecting a change of 0.1 or 1.18% upward. Despite this positive movement today, the stock has shown significant underperformance over various periods, with a 1-week return of -0.47% and a 1-month return of -5.31%. The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 82.47% compared to the 5-day average. The company also faces challenges such as a negative book value and a high debt-to-EBITDA ratio, which contribute to its weak long-term fundamental strength.
In the broader market context, Tasty Dairy's recent performance contrasts with the Sensex, which has gained 0.46% over the past week. The stock has consistently underperformed against the benchmark, with a year-to-date return of -26.21% compared to the Sensex's 5.15% increase. The high institutional holdings at 27.02% suggest that while there is some confidence from larger investors, the overall outlook remains risky due to the company's negative EBITDA and low profitability metrics. This combination of factors indicates that despite today's minor price increase, the stock's long-term prospects are concerning, leading to a generally negative sentiment among investors.