Why is Tyroon Tea Co. falling/rising?

As of 07-Jul, Tyroon Tea Company Ltd's stock price is currently at 105.25, reflecting a decrease of 1.05, or 0.99%. The stock has underperformed its sector today by 2.04% and has experienced a trend reversal, falling after three consecutive days of gains. It opened with a loss of 2.07% and reached an intraday low of Rs 104.1. Over the past week, the stock has shown a slight gain of 0.24%, but it has underperformed on a year-to-date basis, with a decline of 11.37% compared to a 6.79% increase in the Sensex. The company has a return on equity of 7.1 and a price-to-book value of 0.8, indicating an attractive valuation despite trading at a premium compared to its peers. However, the company is facing operating losses and has reported flat results, which negatively impacts its long-term fundamental strength.
Broader Market Context: In the short term, Tyroon Tea Company Ltd's performance has been weaker than the benchmark, as evidenced by its 1-week return of +0.24% compared to the Sensex's -0.20%. While the stock has generated a positive return of 4.36% over the past year, it is still lagging behind the benchmark's performance. The broader market context shows that the Sensex has increased by 6.79% year-to-date, highlighting the challenges faced by Tyroon Tea Company Ltd in maintaining investor confidence amidst its operational struggles and recent price declines.