Why is TCI Express falling/rising?

As of 25-Jul, TCI Express Ltd is experiencing a decline in its stock price, currently at Rs 710.00, which represents a decrease of Rs 10.3 or 1.43%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 2.76%. In terms of returns, TCI Express has seen a significant drop of 40.59% over the past year, while its profits have decreased by 31.1%. The stock is trading below all key moving averages, indicating a bearish trend, and there has been a notable decrease in investor participation, with delivery volume dropping by 53.38% compared to the five-day average. Additionally, the company has reported negative results for the last six consecutive quarters, contributing to the overall negative sentiment surrounding the stock.
In the broader market context, TCI Express has underperformed against the benchmark, with a one-week return of -5.59% compared to the Sensex's -0.36%. Over the past month, the stock has also lagged behind the benchmark, with a decline of 5.27% versus the Sensex's -1.56%. This consistent underperformance over the last three years, coupled with poor long-term growth and negative financial results, has led to a lack of investor confidence in TCI Express, further exacerbating its price decline.