Why is Bharti Airtel PP falling/rising?

As of 04-Jul, Bharti Airtel Ltd Partly Paidup is experiencing a decline in its stock price, currently at Rs 1,532.00, which reflects a decrease of Rs 5.85 or 0.38%. The stock has been losing value for the past two days, with a total drop of 0.96% during this period. Despite this recent downturn, the stock has shown strong performance over the longer term, with a year-to-date increase of 30.08% and a remarkable 408.97% rise over the past three years. However, the stock is currently 3.78% away from its 52-week high, and there has been a significant drop in investor participation, with delivery volume falling by 50.14% compared to the five-day average.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark, with a 1-week return of -0.51% compared to the Sensex's -0.74%. This indicates that while the stock is facing some challenges, it is still outperforming the market in the short term. The liquidity of the stock remains adequate for trading, as it is based on 2% of the five-day average traded value. Overall, the combination of recent price declines, reduced investor participation, and strong long-term performance creates a complex picture for Bharti Airtel's stock movement.