Why is TTK Prestige falling/rising?

As of 16-Sep, TTK Prestige Ltd is experiencing a price increase, currently at 680.00, reflecting a rise of 7.7 or 1.15%. The stock's performance today is in line with its sector, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Notably, there has been a rise in investor participation, with a delivery volume increase of 4.45% compared to the 5-day average. Despite a year-to-date decline of 16.58% and a one-year return of -24.49%, the company maintains a low debt-to-equity ratio and high institutional holdings at 22.18%, which may provide some support for the stock's recent upward movement.
In the broader market context, TTK Prestige's short-term return of +1.19% over the past week is slightly below the benchmark Sensex's return of +1.58%. The stock has consistently underperformed against the benchmark over the last three years, with a significant decline in profits and negative results reported in June. The company's operating profit growth has been poor, and its return on capital employed is at a low of 12.99%. These factors contribute to a cautious outlook despite the recent price increase, indicating that while there may be short-term gains, the long-term growth prospects remain uncertain.