Why is TCI Express falling/rising?

As of 28-Jul, TCI Express Ltd's stock price is currently at 700.00, reflecting a decrease of 10.0 points or 1.41%. The stock has been on a downward trend, losing value for the last four consecutive days, with a total decline of 4.13% during this period. It has underperformed significantly over various time frames, including a 41.56% drop over the past year and a 58.08% decline over the last three years. The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 31.3% compared to the five-day average. While the company has a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 3.5, its profits have decreased by 31.1%, and it has reported negative results for the last six consecutive quarters. In the broader market context, TCI Express's recent performance has been less favorable compared to the benchmark, with a one-week return of -3.92% against the Sensex's -1.59%. This underperformance is consistent with its year-to-date return of -13.80% compared to the Sensex's positive 3.52%. The company's consistent negative growth in operating profit and returns, coupled with a lack of positive momentum in the market, has contributed to its declining stock price. The overall sentiment surrounding the stock remains cautious, as it has consistently underperformed against the benchmark indices over the past three years.