Why is TCI Finance falling/rising?

As of 04-Sep, TCI Finance Ltd is currently priced at 13.28, reflecting an increase of 0.08 or 0.61%. Despite this slight uptick, the stock has shown a negative performance trend over the past week and month, with declines of 3.07% and 5.08%, respectively. The stock is trading below its moving averages across various time frames, indicating a bearish sentiment. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 43.73% compared to the five-day average. While the company reported positive results with a higher PAT of Rs 3.87 Cr for the nine-month period ending June 25, it suffers from a negative book value and weak long-term fundamentals, which contribute to its overall poor growth outlook.
In the broader market context, TCI Finance's recent performance contrasts with the Sensex, which has gained 0.80% over the past week. The stock's year-to-date performance shows a substantial decline of 28.68%, while the Sensex has increased by 3.30% during the same period. Although TCI Finance has outperformed the BSE500 in the long term, its recent struggles, particularly in sales growth and profitability, have overshadowed these achievements. The stock's valuation appears expensive given its negative return on equity and poor growth metrics, which may deter investors despite its historical performance.