Why is TCI Finance falling/rising?

As of 26-Jun, TCI Finance Ltd's stock price is currently at 14.20, reflecting a decrease of 0.43, or 2.94%. The stock has been on a downward trend, having underperformed its sector by 4.27% today and experiencing a consecutive fall over the last six days, resulting in a total decline of 24.79% during this period. While the company reported positive results in March with a higher PAT of Rs 4.29 crore and an EPS of Rs 3.52, it also faces significant challenges, including a negative book value and poor long-term growth, with net sales declining at an annual rate of 65%. This combination of factors contributes to the stock's recent decline.
In the broader market context, TCI Finance's performance has been notably weaker compared to the benchmark, as it has generated a return of -7.43% over the past year, while the Sensex has increased by 6.46%. The stock's performance over the last week shows a stark contrast, with a decline of 20.85% compared to the Sensex's gain of 2.94%. This underperformance, coupled with falling investor participation and liquidity issues, indicates a challenging environment for TCI Finance, further exacerbating its stock price decline.