Why is TTK Prestige falling/rising?

As of 01-Sep, TTK Prestige Ltd is experiencing a price increase, currently at Rs 672.65, reflecting a rise of 14.25 or 2.16%. The stock has shown a positive trend recently, gaining 5.6% over the last three days and outperforming its sector by 0.96% today. Despite opening lower with a loss of 2.64%, it reached an intraday high of Rs 678. The stock's performance over the past week and month has been favorable, with returns of +2.73% and +6.73%, respectively. However, it has struggled over the longer term, with a year-to-date decline of -17.48% and a one-year return of -28.45%. The company has a low debt-to-equity ratio and high institutional holdings, which may provide some stability, but it has also faced significant profit declines and consistent underperformance against benchmarks.
In the broader market context, TTK Prestige's short-term performance contrasts with the Sensex, which has declined by -1.56% over the past week and -0.29% over the past month. While the stock has outperformed the benchmark in the short term, its long-term performance remains concerning, with a significant underperformance over the last three years, generating -28.45% returns compared to the Sensex's +2.85%. This persistent underperformance, coupled with negative quarterly results and declining sales, raises questions about the company's growth prospects, despite its recent price increase.