Why is Terai Tea Co falling/rising?

As of 11-Jul, Terai Tea Co Ltd is experiencing a decline in its stock price, currently at Rs 125.90, which reflects a decrease of Rs 6.6 or 4.98%. The stock has underperformed its sector by 4.04% today and has been on a downward trend for the last two days, accumulating a total loss of 9.72% during this period. It opened with a loss of 2% and reached an intraday low of Rs 125.90. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported significant operational losses, with net sales falling by 43.3% and a negative profit after tax of Rs -4.97 crore, indicating weak financial health and a poor ability to service its debt.
In the broader market context, Terai Tea Co's performance over the past week shows a decline of 13.77%, while the benchmark Sensex has only decreased by 1.12%. This stark contrast highlights the stock's significant underperformance relative to the market. Despite a positive return of 15.61% over the past year, the company's recent financial struggles, including a negative EBITDA and weak long-term fundamentals, have contributed to its current price decline. The rising investor participation, indicated by a substantial increase in delivery volume, suggests some interest, but the overall negative financial indicators are overshadowing this interest and leading to a bearish sentiment around the stock.