Why is Terai Tea Co falling/rising?

As of 17-Jul, Terai Tea Co Ltd is experiencing a decline in its stock price, currently at Rs 113.20, which reflects a decrease of Rs 6.15 or 5.15%. The stock has underperformed its sector by 7.15% today, reaching an intraday low of Rs 113.20. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 14.57%, and its year-to-date performance shows a significant decline of 33.02%. The company has reported substantial operating losses, with net sales falling by 43.3% compared to the previous quarter average, and a negative profit after tax of Rs -4.97 crore, which has contributed to its weak long-term fundamental strength.
In the broader market context, the Sensex has shown a slight gain of 0.83% over the past month, contrasting with Terai Tea's 37.80% decline during the same period. This stark difference highlights the stock's underperformance relative to the benchmark index. The tea/coffee sector has gained 2%, yet Terai Tea's liquidity has decreased, with a 43.22% drop in delivery volume compared to the 5-day average. The company's weak ability to service its debt, indicated by a poor EBIT to interest ratio of -1.73, further exacerbates investor concerns, making the stock a risky investment despite a modest 3.85% return over the past year.