Why is Bharti Airtel falling/rising?

As of 26-Jun, Bharti Airtel Ltd's stock price is rising, currently at Rs 2,014.20, reflecting an increase of Rs 48.65 or 2.48%. The stock has reached a new 52-week high of Rs 2,016.15 today and has been gaining for the last two days, with a total return of 4.21% during this period. Over the past week, the stock has outperformed the benchmark Sensex, with a return of 7.39% compared to the Sensex's 2.94%. Additionally, Bharti Airtel has demonstrated strong long-term growth, with net sales increasing at an annual rate of 14.59% and operating profit growing by 40.18%. The company has consistently reported positive results over the last five quarters, contributing to its strong buy rating.
In the broader market context, the telecommunications sector has also seen positive movement, with a 2.31% gain, indicating favorable conditions for Bharti Airtel. While the stock has shown impressive returns over various periods, including a 38.10% increase over the last year, there are concerns regarding high debt levels and decreasing promoter confidence, as promoters have reduced their stake by 0.69%. Despite these risks, the stock's performance remains robust, supported by its significant market capitalization and dominance in the sector, which constitutes 82.57% of the entire telecommunications market.