Why is TCI Finance falling/rising?

As of 01-Sep, TCI Finance Ltd is currently priced at 13.00, reflecting a decrease of 0.25 or 1.89%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.14% during this period. Additionally, TCI Finance is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a positive PAT of Rs 3.87 Cr reported for the nine months ending June 25 and a strong long-term performance with a 5.26% return over the past year, the company faces significant challenges. It has a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of 65.00%, which contributes to the stock's recent downward movement.
In the broader market context, TCI Finance's short-term performance has been notably worse than the benchmark, with a 1-week return of -5.11% compared to the Sensex's -1.56%. This underperformance is compounded by the stock's liquidity, which, while adequate, does not seem to attract sufficient investor confidence given the negative sentiment surrounding its long-term growth prospects. The stock's valuation appears expensive with a ROE of -4.6 and a price-to-book ratio of -0.2, indicating that investors may be cautious about its future profitability despite its historical performance.