Why is TRF falling/rising?

As of 16-Sep, TRF Ltd's stock price is currently at 329.85, reflecting an increase of 6.6 or 2.04%. The stock has been on an upward trend, gaining for the last five consecutive days with a total return of 6.42% over the past week, outperforming the Sensex, which only increased by 1.58% during the same period. Despite opening the day with a loss of 3.79%, the stock reached an intraday high of Rs 331, indicating some volatility. However, the stock's long-term performance remains concerning, as it has generated a return of -36.63% over the past year and has reported negative results for the last nine consecutive quarters. The company's low debt-to-equity ratio and high management efficiency are positive factors, but the declining net sales and poor long-term growth prospects contribute to a negative outlook.
In the broader market context, TRF's short-term performance has outpaced the benchmark, as evidenced by its 6.42% return over the past week compared to the Sensex's 1.58%. However, the stock's year-to-date performance shows a significant decline of 24.56%, contrasting with the Sensex's increase of 5.43%. This disparity highlights the stock's struggles despite recent gains, as it has underperformed against broader market indices over longer periods. The falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors, which could hinder future price stability. Overall, while TRF Ltd has seen a short-term rise, the underlying fundamentals and market conditions indicate a challenging environment for sustained growth.