Why is Hathway Cable falling/rising?

As of 26-Jun, Hathway Cable & Datacom Ltd's stock price is currently at 16.07, reflecting a decrease of 0.03 or 0.19%. The stock has experienced a trend reversal, falling after two consecutive days of gains. Despite a notable increase in delivery volume, which rose by 371.71% against the 5-day average, the stock's performance remains concerning. Over the past week, it has outperformed the Sensex with a return of 10.14% compared to the benchmark's 2.94%. However, the stock has significantly underperformed over the longer term, with a year-to-date return of 2.16% compared to the Sensex's 7.19% and a troubling annual return of -27.45%. The company's weak long-term fundamentals, highlighted by a -40.53% CAGR growth in operating profits over the last five years and a poor EBIT to interest ratio of -7.96, contribute to its status as a strong sell.
Broader Market Context: In the last year, while the broader market has generated returns of 4.11%, Hathway Cable has significantly lagged, resulting in negative returns of -27.45%. This underperformance is compounded by a decline in institutional investor participation, which has decreased by 1.37% in the previous quarter. The stock's valuation appears expensive with a low return on equity of 2.1%, and it is trading at a fair value compared to its peers. The combination of weak profitability, falling institutional interest, and poor long-term growth prospects suggests that the stock's recent price movement is influenced by a lack of confidence from both retail and institutional investors.