Why is ADC India falling/rising?

As of 02-Jul, ADC India Communications Ltd is experiencing a decline in its stock price, currently at Rs 1,298.60, which reflects a decrease of Rs 17.4 or 1.32%. The stock has underperformed its sector by 1.46% today and has been on a downward trend for the last two days, with a total decline of 3.31%. Despite a positive performance over the past week and month, where it gained 2.68% and 18.70% respectively, the stock has significantly underperformed over the year, with a loss of 35.88%. The company has reported a high dividend yield of 4.18%, but negative financial results, including a 58.5% drop in PAT for the last quarter and low operating profit margins, have contributed to investor concerns. Additionally, the high percentage of pledged promoter shares (65%) may be exerting further downward pressure on the stock.
In the broader market context, while the Sensex has shown a modest gain of 0.79% over the past week, ADC India’s recent performance indicates a stark contrast, particularly with its year-to-date return of -20.63% compared to the Sensex's positive 6.75%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 81.39% against the five-day average. Although the stock has shown strong long-term growth with a 299.38% increase over three years, the current negative sentiment and disappointing quarterly results have overshadowed these achievements, leading to a cautious outlook among investors.