Why is Terai Tea Co falling/rising?

As of 10-Jul, Terai Tea Co Ltd is experiencing a decline in its stock price, currently at Rs 132.50, which represents a decrease of Rs 6.95 or 4.98%. The stock has underperformed its sector by 4.18% today, reaching an intraday low of Rs 132.50. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company's recent financial performance has been concerning, with net sales falling by 43.3% and a significant drop in profit after tax of 234.5% compared to previous quarters. Despite a strong one-year return of 22.69%, the company has reported operating losses and negative EBITDA, indicating weak long-term fundamental strength.
In the broader market context, the Sensex has shown minimal movement, with a change of only -0.06% over the past week, while Terai Tea Co has seen a more substantial decline of 12.83% in the same period. This stark contrast highlights the stock's significant underperformance relative to the benchmark. The company's weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of -1.73, further exacerbates investor concerns. Overall, the combination of declining sales, increasing losses, and poor liquidity has contributed to the stock's downward trajectory in a relatively stable market environment.