Why is TCI Express falling/rising?

As of 07-Nov, TCI Express Ltd is experiencing a decline in its stock price, currently at Rs 629.80, reflecting a decrease of Rs 37.4 or 5.61%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 8.63% during this period. Although the stock opened with a gain of 2.68% today, it quickly reached an intraday low of Rs 626.6, indicating high volatility with an intraday fluctuation of 6.74%. Over the past year, TCI Express has generated a return of -36.04%, significantly underperforming against the benchmark, with a consistent trend of negative results over the last eight quarters and a decline in profits by 22.7%. The company’s low debt-to-equity ratio and attractive valuation metrics are overshadowed by its poor long-term growth prospects, as evidenced by minimal growth in net sales and operating profit over the last five years.
In the broader market context, TCI Express's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.91% compared to the Sensex's -0.86%. This consistent underperformance against the benchmark over the last three years, combined with the company's negative financial results, has contributed to a lack of investor confidence. Despite a recent increase in investor participation, the overall sentiment remains negative due to the company's ongoing financial struggles and declining profitability, which are likely influencing the stock's downward trajectory.