Why is Bharti Airtel PP falling/rising?

As of 09-Jul, Bharti Airtel Ltd Partly Paidup is experiencing a slight decline in its stock price, currently at 1,540.05, reflecting a decrease of 0.25 or 0.02%. The stock has been losing ground for the last two days, with a total return of -0.36% during this period. Despite this recent downturn, the stock has shown strong performance over the past month, with a return of +10.25%, and a remarkable year-to-date increase of +30.76%. Additionally, it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend. Investor participation has also risen significantly, with delivery volume increasing by 219.68% compared to the 5-day average, suggesting strong interest in the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a modest increase of 0.15% over the past week. While Bharti Airtel's short-term performance has lagged behind the benchmark, its longer-term returns are significantly higher, with a 1-year return of +49.61% compared to the Sensex's +3.96%. This disparity highlights the stock's strong growth potential despite its recent decline. The liquidity of the stock remains favorable, with a trading value sufficient for transactions, further supporting its market presence.