Why is TGB Banquets falling/rising?

As of 25-Jun, TGB Banquets & Hotels Ltd is experiencing a price increase, with its current price at 12.38, reflecting a change of 0.18 or 1.48% upward. Today's price summary indicates that the stock has gained after three consecutive days of decline, although it underperformed its sector by 0.82%. The stock's performance over the past week shows a decline of 5.50%, while it has increased by 11.93% over the past month. Despite a significant year-to-date drop of 10.61% and a one-year decline of 27.73%, the company reported positive quarterly results, including the highest profit after tax of Rs 0.91 crore and net sales of Rs 11.59 crore. However, the stock's long-term fundamentals are weak, with a return on capital employed of 0% and a high percentage of pledged promoter shares, which could exert downward pressure on the stock price.
In the broader market context, the stock has underperformed compared to the benchmark, with the BSE 500 generating returns of 3.43% over the past year while TGB Banquets has seen a negative return of 27.73%. Despite the recent positive movement, the stock's liquidity is adequate for trading, but the falling investor participation, as indicated by a 44.1% drop in delivery volume, raises concerns about sustained interest. The hotel, resort, and restaurant sector has gained by 2.3%, which may provide some support for TGB Banquets, yet the overall weak long-term growth and high pledged shares suggest caution for investors considering the stock's future performance.