Why is Bharti Airtel falling/rising?

As of 10-Jul, Bharti Airtel Ltd's stock price is currently at Rs 1,965.10, reflecting a decrease of Rs 52.9 or 2.62%. The stock has been on a downward trend, having lost 3.32% over the last three days, and it is currently 4.09% away from its 52-week high of Rs 2,045.5. Despite this recent decline, the stock has shown strong performance over longer periods, with a 5.99% increase over the past month and a remarkable 36.00% rise over the past year. However, the stock's recent movement is influenced by several factors, including a high debt-to-equity ratio and decreasing promoter confidence, as promoters have reduced their stake by 0.69%. While the company has demonstrated healthy long-term growth with consistent positive results, these negative indicators may be contributing to the current price decline.
In the broader market context, Bharti Airtel's short-term performance has significantly underperformed compared to the benchmark Sensex, which has only decreased by 0.06% over the past week. The telecommunications sector, in which Bharti Airtel operates, has also faced challenges, with a decline of 2.35%. Additionally, investor participation appears to be waning, as evidenced by a 35.1% drop in delivery volume compared to the five-day average. While the company remains a strong player in its sector with substantial market capitalization and consistent returns over the long term, the recent price movement reflects a combination of sector-wide pressures and internal challenges that may be affecting investor sentiment.