Why is TTK Healthcare falling/rising?

As of 20-Aug, TTK Healthcare Ltd. is experiencing a slight increase in its stock price, currently at 1,143.35, reflecting a change of 4.35 or 0.38% upward. Today's performance indicates that the stock has outperformed its sector by 0.8%, maintaining a stable trading price since opening. However, the stock has shown a significant decline over the past month, down 13.58%, and a stark 30.28% decrease over the past year. Despite a low debt-to-equity ratio and a return on equity of 6.3%, which suggests an attractive valuation, the stock is trading at a premium compared to its peers. The recent flat results in profit before tax and net profit, along with a low stake from domestic mutual funds, indicate underlying concerns that may be affecting investor sentiment.
In the broader market context, TTK Healthcare's short-term performance of +0.24% over the past week is notably lower than the Sensex's gain of +1.64%, suggesting that the stock is lagging behind the overall market. Additionally, the stock's long-term performance has been underwhelming, with negative returns over the past year and three years, which further contrasts with the benchmark's positive returns. This underperformance, coupled with the company's recent financial results, may contribute to cautious investor behavior, despite the recent uptick in price.