Why is Tyroon Tea Co. falling/rising?

As of 02-Sep, Tyroon Tea Company Ltd is currently priced at 103.80, reflecting a slight increase of 0.3 or 0.29%. Despite this minor uptick, the stock has shown significant underperformance, with a 1-week decline of 5.46% and a 1-month drop of 11.09%. The stock is trading below all its moving averages, indicating a bearish trend. Additionally, the company has reported operating losses, with a significant drop in profit before tax and net profit compared to previous quarters. This weak financial performance, coupled with consistent underperformance against benchmarks over the last three years, suggests a lack of investor confidence, contributing to the stock's overall downward trajectory.
In the broader market context, while the tea/coffee sector has gained by 2.23%, Tyroon Tea Company has underperformed its sector by 1.96%. The stock's year-to-date performance shows a decline of 12.59%, contrasting sharply with the Sensex's gain of 2.58% in the same period. This disparity highlights the stock's struggles relative to the market, further exacerbated by the company's negative operating profits and the risk associated with its historical valuations. The rising investor participation, indicated by an increase in delivery volume, may not be sufficient to counteract the negative sentiment surrounding the company's fundamentals.