Why is TCI Express falling/rising?

As of 04-Aug, TCI Express Ltd is experiencing a decline in its stock price, currently at Rs 693.95, which reflects a decrease of Rs 16.65 or 2.34%. The stock has underperformed its sector by 3.38% today and has fallen after two consecutive days of gains. It reached an intraday low of Rs 682.05, marking a drop of 4.02%. Over the past week, the stock has decreased by 0.86%, and it has shown significant underperformance over longer periods, with a 41.72% decline in the last year and a staggering 59.21% drop over the past three years. Despite a low debt-to-equity ratio and attractive valuation metrics, the company has reported negative results for the last six consecutive quarters, with profits falling by 39.56% in the latest six months, contributing to the stock's downward trend. In the broader market context, the Sensex has shown a slight increase of 0.16% over the past week, contrasting with TCI Express's negative performance. While the stock has been trading at a discount compared to its peers, its consistent underperformance against the benchmark and the negative growth in operating profit over the last five years raise concerns about its long-term viability. The company's return on capital employed (ROCE) is at a low of 15.05%, further indicating challenges in generating returns for investors. Overall, the combination of poor financial results, declining profitability, and significant underperformance relative to the market has led to the current decline in TCI Express's stock price.