Why is TCI Industries falling/rising?

As of 19-Sep, TCI Industries Ltd is experiencing a decline in its stock price, currently at Rs 1,336.00, reflecting a decrease of Rs 59.0 or 4.23%. The stock has underperformed its sector by 4.43% today, with erratic trading patterns noted as it did not trade on one day out of the last 20. The stock touched an intraday low of Rs 1,330.05, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company has reported operating losses and a weak long-term fundamental strength, with an annual growth rate of operating profit at -197.70% over the last five years. The company's ability to service its debt is also concerning, as indicated by a poor EBIT to Interest ratio of -1.38, contributing to the stock's negative sentiment.
In the broader market context, TCI Industries has shown a 1-week return of -6.57%, while the Sensex has increased by 0.88% during the same period. This stark contrast highlights the stock's underperformance relative to the benchmark. Although there has been a rise in investor participation, with delivery volume increasing significantly, the overall market sentiment remains cautious due to the company's negative EBITDA and flat results reported in June. The stock's performance over the past year, generating a return of -1.04% alongside a significant profit decline of -115.9%, further underscores the challenges faced by TCI Industries in the current market environment.