Why is Tyroon Tea Co. falling/rising?

As of 25-Aug, Tyroon Tea Company Ltd is experiencing a decline in its stock price, currently at 106.25, which reflects a decrease of 1.75 or 1.62%. The stock has underperformed its sector by 1.36% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 7.41%. Despite opening with a gain of 5.93% and reaching an intraday high of Rs 114.4, the stock is trading below its moving averages across various time frames. Additionally, the company has reported significant operating losses, with a profit before tax that has fallen drastically compared to previous quarters, indicating weak long-term fundamental strength. Over the past year, the stock has generated a return of -6.96%, while profits have decreased by 69.4%, further contributing to its negative performance.
In the broader market context, Tyroon Tea's short-term performance of +1.09% over the past week contrasts with the Sensex's gain of 0.45%, indicating some relative strength in the very short term. However, the stock's longer-term performance is concerning, as it has underperformed the benchmark BSE500 in each of the last three annual periods, with a year-to-date return of -10.53% compared to the Sensex's gain of 4.48%. This consistent underperformance, coupled with falling investor participation and liquidity issues, suggests that investor confidence in Tyroon Tea Company is waning, contributing to the stock's current decline.