Why is IL&FS Transport falling/rising?

As of 18-Sep, IL&FS Transportation Networks Ltd is experiencing a decline in its stock price, currently at 3.19, which reflects a decrease of 0.05 or 1.54%. The stock has underperformed its sector by 1.35% today and has been on a downward trend for the last two days, accumulating a total loss of 1.85% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 46.11% and a one-year drop of 51.96%. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a slight increase in delivery volume, this does not seem to be sufficient to counteract the overall negative momentum.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.80% over the past week and 2.14% over the past month. This indicates that while the market is generally on an upward trajectory, IL&FS Transportation Networks Ltd is struggling significantly. The stark difference in performance, particularly the stock's substantial year-to-date and one-year losses compared to the Sensex's modest gains, highlights the challenges the company is facing in attracting investor confidence amidst a rising market.