Why is IL&FS Transport falling/rising?

As of 19-Sep, IL&FS Transportation Networks Ltd is experiencing a decline in its stock price, currently at 3.17, reflecting a decrease of 0.02 or 0.63%. The stock has underperformed its sector by 0.74% today and has been on a downward trend for the last three days, accumulating a total decline of 2.46% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date drop of 46.45% and a one-year decline of 51.31%. It is trading below its moving averages across multiple time frames, indicating a bearish trend. While there has been a notable increase in investor participation, with delivery volume rising by 55.13% against the five-day average, the overall sentiment remains negative as there are no positive factors reported to counterbalance the stock's recent performance.
Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.88% over the past week, IL&FS Transportation Networks Ltd has seen a significant decline of 2.76% in the same period. This underperformance highlights the stock's struggles relative to the broader market, where the Sensex has also shown positive returns over one month and year-to-date. The stark contrast between the stock's negative returns and the benchmark's positive performance suggests that investor sentiment towards IL&FS Transportation Networks Ltd is weak, contributing to its ongoing price decline.