Why is Hathway Cable falling/rising?

As of 22-Jul, Hathway Cable & Datacom Ltd is currently priced at 15.67, reflecting a decrease of 0.25 or 1.57%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 6.5% during this period. In the past week, the stock has decreased by 1.01%, while over the last month, it has shown a modest increase of 5.03%. However, its year-to-date performance is down by 0.38%, and it has significantly underperformed over the past year with a decline of 30.97%. Despite some positive financial results reported on June 25, including a 63.8% growth in PAT, the stock's long-term fundamentals remain weak, evidenced by a -36.85% CAGR growth in operating profits over the last five years and a low return on equity of 2.1.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has shown a slight increase of 0.99% over the past year. The stock's liquidity appears adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 43.31% against the five-day average. Additionally, while institutional investors have increased their stake by 0.55%, indicating some confidence in the company, the overall sentiment remains cautious due to the company's weak ability to service its debt and its expensive valuation relative to peers.