Why is Tyroon Tea Co. falling/rising?

As of 04-Jul, Tyroon Tea Company Ltd is experiencing a price increase, currently at Rs 106.30, reflecting a rise of 1.1 (1.05%). The stock has shown a strong performance today, outperforming its sector by 1.01% and gaining 2.56% over the last two days. It opened with a significant gain of 4.52% and reached an intraday high of Rs 110.05. Despite this positive movement, the stock has a mixed performance over different periods, with a year-to-date decline of 10.48% while generating a return of 7.43% over the past year. The company has an attractive valuation with a return on equity of 7.1 and a price-to-book value of 0.8, although it is trading at a premium compared to its peers. However, the company is facing challenges, including operating losses and a significant drop in quarterly profits, which may impact long-term investor confidence.
In the broader market context, Tyroon Tea Company's recent performance contrasts with the Sensex, which has seen a decline of 0.74% over the past week while the stock itself has risen by 5.04%. This indicates that the stock is gaining traction despite a generally unfavorable market environment. However, the stock's year-to-date performance is notably weaker than the benchmark, which has increased by 6.77%. The decline in delivery volume by 46.81% against the 5-day average suggests a decrease in investor participation, which could pose a risk to the stock's upward momentum. Overall, while the stock is currently rising, underlying issues such as operating losses and fluctuating investor interest may affect its sustainability.