Why is Indus Towers falling/rising?

As of 06-Aug, Indus Towers Ltd is experiencing a decline in its stock price, currently at 341.00, which reflects a decrease of 1.8 or 0.53%. The stock has underperformed its sector today by 0.39% and has been on a consecutive downward trend for the last two days, accumulating a total loss of 1.46%. Over the past week, the stock has seen a significant drop of 11.14%, and it has underperformed the benchmark Sensex, which has only declined by 1.15%. Despite some positive indicators such as a high return on capital employed (ROCE) of 18.42% and strong long-term growth in net sales and operating profit, the stock's recent performance has been hindered by flat quarterly results and a significant year-over-year decline of 17.79% compared to the broader market.
Broader Market Context: In the context of the broader market, Indus Towers has notably lagged behind the benchmark, with a year-to-date return of -0.20% compared to the Sensex's gain of 3.08%. The stock's recent struggles are compounded by a decrease in investor participation, as evidenced by a 27.37% drop in delivery volume against the five-day average. Although institutional holdings remain strong at 45.68%, indicating confidence from larger investors, the overall market sentiment has not favored the stock, particularly following disappointing quarterly results that have raised concerns about its profitability and operational efficiency.