Why is TTK Prestige falling/rising?

As of 19-Sep, TTK Prestige Ltd is experiencing a decline in its stock price, currently at 660.55, which represents a decrease of 11.2 points or 1.67%. The stock has underperformed its sector by 1.78% today and has been on a downward trend for the last three days, accumulating a total return loss of 2.86% in that period. Over the past year, TTK Prestige has generated a significant return of -27.90%, with profits falling by 24.1%. Additionally, the stock's performance has been consistently poor against benchmarks, with a notable underperformance over the last three years, where it has generated -33.92% returns compared to the Sensex's +39.71%. The stock is trading at a premium compared to its peers, and while it has a low debt-to-equity ratio and high institutional holdings, these factors have not mitigated the negative sentiment surrounding its recent financial performance.
In the broader market context, TTK Prestige's short-term performance has lagged behind the Sensex, which has gained 0.88% over the past week, while TTK Prestige has declined by 2.09%. This discrepancy highlights the stock's struggles in attracting investor confidence, particularly as its delivery volume has decreased significantly, indicating falling investor participation. The company's recent negative financial results, including a substantial drop in net sales and profit after tax, further contribute to the bearish outlook. Overall, the combination of poor long-term growth prospects, consistent underperformance against market benchmarks, and negative financial results has led to a decline in TTK Prestige's stock price.