Why is ADC India falling/rising?

As of 16-Jul, ADC India Communications Ltd is experiencing a slight increase in its stock price, currently at Rs 1,189.70, reflecting a change of 4.7 (0.4%) upward. The stock has shown a mixed performance recently, with a 1-week decline of 6.40% while it has gained 19.69% over the past month. Today's trading saw the stock outperform its sector by 0.64%, despite touching an intraday low of Rs 1,147. The stock's liquidity appears adequate, with a significant increase in delivery volume, indicating rising investor participation. However, the company has faced challenges, including a substantial drop in PAT and PBDIT in the last quarter, alongside a high percentage of pledged promoter shares, which could exert downward pressure on the stock.
In the broader market context, ADC India has underperformed the Sensex, which has seen a modest decline of 1.08% over the past week. While the stock has a strong long-term growth outlook with a significant annual operating profit increase and a high dividend yield of 4.64%, its year-to-date performance remains concerning with a decline of 27.29%. The stock's negative returns over the past year, coupled with the market's overall positive performance, highlight the challenges it faces in regaining investor confidence.