Why is TTK Healthcare falling/rising?

As of 19-Aug, TTK Healthcare Ltd. is experiencing a decline in its stock price, currently at Rs 1,139.00, reflecting a decrease of Rs 13.6 or 1.18%. The stock has underperformed its sector by 1.05% today and has traded within a narrow range of Rs 5. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a slight decline of 0.46%, and its performance over the last month shows a significant drop of 13.91%. Despite a 6.3% increase in profits over the past year, the stock has generated a return of -28.81%, indicating a troubling trend. The company's low debt-to-equity ratio and attractive valuation with a price-to-book value of 1.5 suggest some positive aspects; however, the high PEG ratio of 3.8 and flat results in recent earnings reports have raised concerns among investors.
In the broader market context, TTK Healthcare's performance contrasts sharply with the Sensex, which has risen by 1.76% over the past week. The stock's long-term performance is also underwhelming, with a decline of 28.81% over the last year, and it has underperformed the BSE500 index in both the short and long term. The limited interest from domestic mutual funds, holding only 0.17% of the company, may indicate a lack of confidence in the stock's current valuation or business prospects. Overall, the combination of disappointing earnings, underperformance relative to benchmarks, and cautious sentiment from institutional investors contributes to the stock's downward trajectory.