Why is TCI Finance falling/rising?

As of 09-Jul, TCI Finance Ltd's stock price is currently at 15.20, reflecting a decrease of 0.55, or 3.49%. The stock has underperformed its sector by 3.87% today, despite having higher prices than its 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day and 20-day moving averages. Over the past week, the stock has seen a decline of 6.06%, while it has performed better over the past month with an increase of 18.75%. The company reported positive quarterly results, with the highest profit after tax at Rs 4.53 crore and earnings per share at Rs 3.52. However, it is important to note that the company has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of 65.00%.
In the broader market context, the Sensex has shown a slight increase of 0.15% over the past week, contrasting with TCI Finance's significant decline. The stock has underperformed the market over the last year, generating negative returns of 10.01% compared to the BSE500's positive return of 1.43%. This underperformance, coupled with the company's risky trading status and poor long-term growth prospects, contributes to the downward pressure on the stock price. Despite rising investor participation indicated by an increase in delivery volume, the overall sentiment remains cautious due to the company's financial challenges.