Why is TTK Prestige falling/rising?

As of 22-Aug, TTK Prestige Ltd's stock price is currently at 656.00, reflecting a slight increase of 0.4 (0.06%). The stock has shown a positive trend recently, outperforming its sector by 0.73% today and achieving consecutive gains over the last two days with a total return of 0.34%. However, despite this short-term improvement, the stock has significantly underperformed over the longer term, with a year-to-date decline of 19.52% and a one-year return of -31.88%. The company maintains a low debt-to-equity ratio and a fair valuation, but its profits have decreased by 24.1%, contributing to a perception of poor long-term growth.
In the broader market context, TTK Prestige's recent performance contrasts with the benchmark, as it has gained 3.69% over the past week while the Sensex has only increased by 0.88%. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, especially given its consistent underperformance against the benchmark over the last three years. The high institutional holdings at 22.18% suggest that informed investors are closely monitoring the company's fundamentals, which may influence future price movements. Overall, while there are some positive indicators in the short term, the stock's long-term outlook appears challenging.