Why is Dish TV India falling/rising?

As of 16-Jul, Dish TV India Ltd's stock price is currently at 5.93, reflecting a decrease of 0.1, or 1.66%. The stock has underperformed its sector today by 5.82% and has experienced a trend reversal, falling after two consecutive days of gains. Over the past week, the stock has shown a modest increase of 0.68%, but it has significantly underperformed over the longer term, with a year-to-date decline of 42.71% and a staggering 61.04% drop over the past year. The company's negative book value and weak long-term fundamental strength, highlighted by a poor EBIT to Interest ratio and consecutive negative results for seven quarters, contribute to the stock's downward pressure. Additionally, the lack of domestic mutual fund investment may indicate a lack of confidence in the company's prospects.
In the broader market context, while Dish TV India has seen a slight increase over the past week, the benchmark Sensex has declined by 1.08% during the same period, indicating that the stock's recent performance is somewhat isolated. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over the last three years, one year, and three months. The DTH/Cable sector has gained by 4.21%, yet Dish TV's liquidity remains low, with a significant drop in delivery volume, suggesting that investor participation is waning. Overall, the combination of weak fundamentals, poor historical performance, and declining investor interest are key factors contributing to the stock's current decline.