Why is TCM falling/rising?

As of 28-Aug, TCM Ltd's stock price is currently at 38.31, reflecting a decrease of 0.63, or 1.62%. The stock has underperformed its sector by 0.4% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, TCM has seen a decline of 1.49%, and its year-to-date performance shows a significant drop of 22.12%. The company is facing operational challenges, with a reported operating loss and a negative return on capital employed (ROCE). Additionally, the recent quarterly profit after tax (PAT) has fallen by 128.6%, and net sales have decreased by 21.70%. The high debt-to-EBITDA ratio indicates a low ability to service debt, contributing to the stock's weak long-term fundamental strength. In the broader market context, TCM's short-term performance has been better than the benchmark, with a 1-week decline of 1.49% compared to the Sensex's 2.34% drop. However, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -9.07% in the past year while the BSE500 has shown resilience. The liquidity of the stock is adequate for trading, but the significant drop in delivery volume by 61.59% suggests a lack of investor confidence. Overall, TCM's persistent operational losses and negative financial indicators are driving its stock price down, despite some relative strength against the benchmark in the short term.