Why is ADC India falling/rising?

As of 29-Sep, ADC India Communications Ltd is experiencing a decline in its stock price, currently at 1,709.60, which reflects a decrease of 88.4 points or 4.92%. The stock has underperformed its sector by 5.44% today and has been on a downward trend for the last two days, accumulating a total loss of 9.67% during this period. It opened with a significant gap down of 4.8% and reached an intraday low of Rs 1708.1. Despite this recent downturn, the stock has shown positive performance over the past month with a return of 7.52%, although it has declined by 15.15% over the past year. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 50.06%, which could provide some support for the stock in the long run.
In the broader market context, ADC India's recent performance contrasts with the benchmark Sensex, which has only declined by 2.18% over the past week, indicating that the stock's short-term challenges are more pronounced than the overall market. While the stock has shown impressive returns over longer periods, such as a 369.99% increase over three years, the current short-term pressures suggest a more cautious sentiment among investors. The rising investor participation, indicated by a 10.1% increase in delivery volume, may provide some optimism, but the immediate price action reflects a struggle against broader market trends and recent performance issues.