Why is TTK Prestige falling/rising?

As of 21-Aug, TTK Prestige Ltd's stock price is currently at 655.60, reflecting an increase of 1.85 or 0.28%. The stock opened with a gain of 3.71% today, reaching an intraday high of Rs 678. Despite this positive movement, the stock has underperformed its sector by 0.4%. Over the past week, TTK Prestige has seen a return of +3.63%, while its performance over the last month is +3.24%. However, the stock has experienced significant declines over the longer term, with a -19.57% return year-to-date and a -33.60% return over the past year. The company has a low debt-to-equity ratio and a fair valuation, but it has also faced challenges, including a -24.1% decline in profits over the past year and negative quarterly results, which may contribute to investor caution.
Broader Market Context: In comparison to the benchmark, TTK Prestige's short-term performance has been favorable, with a +3.63% return over the past week compared to the Sensex's +1.74%. However, the stock's longer-term performance has been disappointing, as it has consistently underperformed against the benchmark over the last three years, generating -33.60% returns in the past year while the Sensex has gained +1.35%. This consistent underperformance, coupled with negative financial results and a lack of long-term growth, suggests that while there may be short-term gains, the overall market sentiment towards TTK Prestige remains cautious.