Why is TTK Healthcare falling/rising?

As of 14-Aug, TTK Healthcare Ltd. is experiencing a decline in its stock price, currently at 1,130.00, reflecting a decrease of 10.6 points or 0.93%. The stock has underperformed its sector by 1.05% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 1.25% in that period. Additionally, TTK Healthcare's performance over the past month shows a significant decline of 16.31%, while its year-to-date return is down by 20.23%. The stock is trading below all key moving averages, indicating a bearish trend. Furthermore, investor participation has decreased sharply, with delivery volume falling by 77.55% compared to the five-day average. Despite a low debt-to-equity ratio and a reasonable return on equity, the stock's valuation remains high relative to its peers, and its recent financial results have been disappointing, contributing to the negative sentiment.
In the broader market context, TTK Healthcare's short-term performance has been relatively poor compared to the Sensex, which has seen a minimal decline of 0.03% over the past week. The stock's long-term performance is also concerning, with a 30.24% drop in the last year, underperforming the BSE500 index over multiple time frames. The lack of confidence from domestic mutual funds, which hold only 0.17% of the company, suggests that institutional investors may be wary of the stock's current valuation and business prospects. Overall, the combination of weak financial results, declining investor interest, and underperformance relative to the market has led to the stock's recent downward movement.