Why is Indus Towers falling/rising?

As of 31-Jul, Indus Towers Ltd is experiencing a decline in its stock price, currently at Rs 362.75, which reflects a decrease of Rs 21.0 or 5.47%. The stock has underperformed its sector by 1.72% today and has been on a downward trend, falling for the last two days with a total decline of 7.15%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 9.72%, and over the last month, it has fallen by 13.63%. Despite these short-term challenges, the company has shown strong long-term growth with a high return on capital employed (ROCE) of 18.42%, and its net sales have grown at an annual rate of 34.90%.
In the broader market context, the Sensex has only declined by 1.22% over the past week, indicating that Indus Towers' performance is significantly worse than the benchmark. The telecommunications equipment sector has also seen a decline of 3.99%, contributing to the stock's struggles. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 34.32% compared to the 5-day average. Despite these negative trends, the company maintains a strong institutional holding of 45.68%, which may provide some stability and confidence among investors in the long run.