Why is TCI Finance falling/rising?

As of 02-Jul, TCI Finance Ltd's stock price is currently at 16.18, reflecting a decrease of 0.06 or 0.37%. The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Despite this decline, TCI Finance has outperformed its sector by 0.86% today. Over the past week, the stock has shown a significant increase of 10.59%, and over the past month, it has risen by 31.54%. However, the stock has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of 65.00%. Although the company reported positive results in March, including a higher PAT and EPS, the overall financial health remains concerning due to the negative book value and risky trading conditions.
In the broader market context, TCI Finance's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 0.79% over the past week. While TCI Finance has shown strong short-term returns, its year-to-date performance is down by 13.10%, compared to the Sensex's gain of 6.75%. This disparity highlights the stock's volatility and the potential risks associated with its negative book value and poor long-term growth prospects. The falling investor participation, indicated by a 10.6% drop in delivery volume, further suggests that market sentiment may be cautious despite the stock's recent short-term gains.