Why is TCI Express falling/rising?

As of 21-Jul, TCI Express Ltd is experiencing a decline in its stock price, currently at Rs 728.55, which reflects a decrease of Rs 23.45 or 3.12%. The stock has underperformed its sector by 3.2% today and has seen a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 721.6, marking a 4.04% drop. Over the past week, the stock has decreased by 1.04%, and its performance over the last month shows a decline of 3.25%. The company's returns have been significantly negative, with a year-to-date drop of 10.28% and a staggering 37.46% decline over the past year. Despite having a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 3.7, the stock has faced consistent underperformance, with profits falling by 31.1% and negative results reported for the last six consecutive quarters.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week and a minimal drop of 0.25% over the last month, indicating that the overall market is relatively stable compared to TCI Express's significant downturn. The stock's long-term growth prospects appear poor, with an annual operating profit growth rate of -0.89% over the last five years and a return on capital employed (ROCE) at its lowest of 15.05%. The consistent underperformance against the benchmark over the last three years, coupled with a substantial negative return of 37.46% in the last year, further emphasizes the challenges faced by TCI Express in attracting investor confidence amidst declining performance metrics.