Why is TCI Express falling/rising?

As of 21-Aug, TCI Express Ltd's stock price is currently at 700.25, reflecting an increase of 10.25 or 1.49%. The stock has outperformed its sector today by 1.56%, although it is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Despite this positive movement, the stock has shown a decline of 3.88% over the past month and a significant drop of 35.14% over the last year. The company has a low debt-to-equity ratio and an attractive valuation with a return on equity (ROE) of 11.2, but it has faced challenges with a consistent decline in profits, which fell by 27.6% over the past year. Additionally, the company has reported negative results for the last seven consecutive quarters, contributing to its underperformance against benchmarks.
In the broader market context, TCI Express has outperformed the Sensex in the short term, with a 1-week return of 2.98% compared to the Sensex's 1.74%. However, the stock has consistently underperformed over longer periods, with a 3-year return of -59.50% against the benchmark's 37.48%. This long-term underperformance, coupled with declining sales growth and operating profit, raises concerns about the company's growth prospects. The falling investor participation, indicated by a 29.35% decrease in delivery volume, further suggests a lack of confidence among investors, which may be contributing to the stock's volatility despite its recent uptick.