Why is ADC India falling/rising?

As of 30-Jul, ADC India Communications Ltd is experiencing a decline in its stock price, currently at 1,161.00, reflecting a decrease of 21.0 points or 1.78%. The stock has underperformed its sector by 0.28% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 0.77%, and it has seen a significant drop of 13.56% over the past month. Additionally, the delivery volume has fallen by 87.34% against the 5-day average, indicating reduced investor participation. Despite a high dividend yield of 4.65% and a low debt-to-equity ratio, the stock has generated a return of -39.83% over the past year, which is substantially worse than the market's performance.
In the broader market context, the Sensex has declined by 1.50% over the past week and 2.54% over the past month, indicating a challenging environment for stocks in general. However, ADC India's performance has been notably worse, with a year-to-date decline of 29.04% compared to the Sensex's gain of 4.28%. The company's recent negative financial results, including a significant drop in PAT and operating profit margins, alongside the high percentage of pledged promoter shares, have contributed to the downward pressure on the stock price. This combination of poor performance relative to the market and negative financial indicators has led to a lack of investor confidence, resulting in the stock's current decline.