Why is TVS Srichakra falling/rising?

As of 12-Sep, TVS Srichakra Ltd's stock price is currently at 2,907.20, reflecting a decrease of 14.7 points or 0.5%. The stock has been experiencing a consecutive decline over the last four days, resulting in a total drop of 1.88% during this period. While the stock has shown a modest increase of 3.29% over the past month, it has significantly underperformed over the longer term, with a year-to-date decline of 16.19% and a staggering 34.23% drop over the past year. The company has reported negative results for the last five consecutive quarters, with profits falling by 75%, which has contributed to a low Return on Capital Employed (ROCE) of 4.7%. Additionally, the high Debt to EBITDA ratio of 2.79 times indicates a low ability to service debt, further pressuring the stock's performance.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.48% over the past week and 2.08% over the past month. This underperformance is indicative of the company's struggles, as it has not only lagged behind the market but also generated negative returns compared to the BSE500 index, which fell by 3.45% over the past year. Despite a rise in investor participation, as evidenced by a 179.42% increase in delivery volume, the overall sentiment remains negative due to the company's poor financial health and declining profitability.