Why is Tyroon Tea Co. falling/rising?

As of 01-Sep, Tyroon Tea Company Ltd is experiencing a decline in its stock price, currently at Rs 103.50, which reflects a decrease of Rs 4.4 or 4.08%. The stock has underperformed its sector by 5.3% today and has touched an intraday low of Rs 103.5. It is trading below all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. Over the past week, the stock has decreased by 2.59%, and it has shown a significant decline of 11.35% over the past month. The company has reported negative operating profits and significant losses, with a profit before tax (PBT) that has fallen by 430.4% compared to the previous four-quarter average. This consistent underperformance, alongside a 69.4% drop in profits over the past year, suggests weak long-term fundamental strength.
In the broader market context, Tyroon Tea Company has underperformed against the benchmark, with a year-to-date return of -12.84% compared to the Sensex's positive return of 2.85%. This trend of underperformance has been consistent, as the stock has lagged behind the BSE500 in each of the last three annual periods. The falling investor participation, with a delivery volume that has decreased by 83.1% against the five-day average, further indicates a lack of confidence among investors. Overall, the combination of negative financial results, weak operational performance, and declining investor interest contributes to the stock's downward movement.