Why is TCI Finance falling/rising?

As of 04-Aug, TCI Finance Ltd's stock price is currently at 13.99, reflecting an increase of 0.18 or 1.3%. Today's price summary indicates that the stock has underperformed its sector by 0.32%. While the stock is trading higher than its 5-day, 100-day, and 200-day moving averages, it remains below the 20-day and 50-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 51.73% compared to the 5-day average. Despite the recent positive quarterly results, including the highest PAT and EPS figures, the company faces challenges due to a negative book value and weak long-term growth, as evidenced by a substantial decline in net sales.
In the broader market context, TCI Finance's short-term performance over the past week shows a return of +3.71%, significantly outperforming the Sensex, which only increased by 0.16%. However, the stock's year-to-date performance is concerning, with a decline of 24.87% compared to the Sensex's gain of 3.69%. This disparity highlights the stock's volatility and the risks associated with its negative book value, which may deter long-term investors despite recent positive earnings. Overall, while there are some positive indicators, the underlying weaknesses and market conditions suggest a cautious outlook for TCI Finance.