Why is Dish TV India falling/rising?

As of 23-Jul, Dish TV India Ltd's stock price is currently at 5.71, reflecting a decrease of 0.03 or 0.52%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 4.83% during this period. In terms of performance relative to the benchmark, the stock has underperformed significantly over the past year, with a return of -61.78% compared to the Sensex's gain of 2.86%. The company has reported negative results for the last seven consecutive quarters, with a notable drop in net sales and operating profit, indicating weak long-term fundamental strength and a negative book value. Additionally, the company's ability to service its debt is concerning, as evidenced by a poor EBIT to interest ratio.
In the broader market context, while the Sensex has shown a slight increase of 0.11% over the past week, Dish TV's stock has declined by 3.71%, highlighting its underperformance. The stock's liquidity appears adequate, with a delivery volume increase of 48.68% against the five-day average, suggesting some rising investor participation. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's prospects. Overall, the combination of negative financial results, weak fundamentals, and significant underperformance relative to the market contributes to the stock's current decline.