Why is TGB Banquets falling/rising?

As of 27-Jun, TGB Banquets & Hotels Ltd is experiencing a slight decline in its stock price, currently at 12.38, reflecting a decrease of 0.02 or 0.16%. The stock has shown a performance today that outperformed its sector by 1.4%, but it has also faced a trend reversal after two consecutive days of gains. Over the past week, the stock has decreased by 6.00%, while it has increased by 11.93% over the past month. Despite positive quarterly results, including the highest PAT and net sales, the stock has underperformed significantly over the past year with a return of -23.49%, which is starkly contrasted by a 154.5% increase in profits. The company's weak long-term fundamentals, including a low ROCE and a high percentage of pledged promoter shares, contribute to the downward pressure on the stock price.
In the broader market context, the stock's recent performance has been notably weaker compared to the benchmark, as the Sensex has gained 2.00% over the past week and 3.07% over the past month. The stock has also underperformed the market over the last year, where the BSE 500 has generated returns of 4.10%. This underperformance, combined with falling investor participation and liquidity concerns, suggests that while there may be short-term positive indicators, the overall sentiment remains cautious due to the company's long-term growth challenges and market conditions.