Why is TTK Healthcare falling/rising?

As of 18-Sep, TTK Healthcare Ltd. is experiencing a decline in its stock price, currently at Rs 1,199.00, which reflects a decrease of Rs 6.0 or 0.5%. Today's performance indicates that the stock has underperformed its sector by 1.55%, opening with a loss of 2.16% and reaching an intraday low of Rs 1,169.2, a drop of 2.97%. Over the past week, the stock has shown a return of +2.32%, which is better than the Sensex's +1.80%, but its year-to-date performance remains poor at -15.36%, significantly lagging behind the Sensex's +6.24%. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 1.6, but it has also reported a substantial decline in profitability, with a 20.1% drop in PAT for the last quarter.
Broader Market Context: The stock's recent performance reflects a broader trend of underperformance, as it has generated a return of -30.51% over the past year, contrasting sharply with the Sensex's minimal gain of 0.08% during the same period. Additionally, the stock has not only underperformed in the long term but has also seen a decrease in investor participation, with a 25.73% drop in delivery volume compared to the 5-day average. The low stake held by domestic mutual funds, at only 0.17%, suggests a lack of confidence in the stock's current valuation, further contributing to its downward pressure in the market.