Why is TVS Srichakra falling/rising?

As of 09-Sep, TVS Srichakra Ltd's stock price is currently at 2,955.00, reflecting a decrease of 7.85, or 0.26%. The stock opened with a loss of 2.08% today and has underperformed its sector by 0.68%. Throughout the day, it reached a high of Rs 3025.65 and a low of Rs 2901.25. Over the past week, the stock has shown a positive return of 2.96%, but it has significantly underperformed over the past year with a decline of 32.69%. The company has faced challenges, including a high Debt to EBITDA ratio of 2.79, low profitability indicated by a Return on Equity of 6.93%, and negative results for the last five consecutive quarters, which have contributed to the stock's downward pressure.
In the broader market context, while the Sensex has gained 1.18% over the past week, TVS Srichakra's performance contrasts sharply with a 5.11% increase over the past month, indicating some short-term resilience. However, the stock's year-to-date performance remains concerning, with a decline of 14.81% compared to the Sensex's gain of 3.79%. The company's declining profits, which have fallen by 75% over the past year, alongside a significant drop in stock value compared to the broader market, suggest that investor sentiment remains negative, leading to the current price decline.