Why is Terai Tea Co falling/rising?

As of 01-Sep, Terai Tea Co Ltd's stock price is currently at Rs 105.00, reflecting an increase of 1.0 (0.96%). The stock opened with a gain of 3.56% today, reaching an intraday high of Rs 108.6, but also touched a new 52-week low of Rs 100 during the day. Despite this short-term uptick, the stock has underperformed its sector by 0.26% and has shown a significant decline over the past year, with a return of -22.88%. The company's long-term fundamentals are weak, indicated by a negative CAGR growth in operating profits and a poor EBIT to interest ratio, which raises concerns about its ability to service debt. Additionally, the company has reported losses, contributing to negative return on capital employed (ROCE), and has a high reliance on non-operating income, which further complicates its financial health.
In the broader market context, Terai Tea Co's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 1.56% over the past week. The stock's year-to-date performance is particularly concerning, with a decline of 37.87% compared to a 2.85% increase in the Sensex. This underperformance is compounded by the fact that while the overall market has faced negative returns, Terai Tea Co's losses have been significantly steeper, indicating a lack of investor confidence. The rising investor participation, as evidenced by a 159.86% increase in delivery volume, suggests some interest in the stock, but the overall sentiment remains cautious due to its weak financial fundamentals and recent price volatility.