Why is Indus Towers falling/rising?

As of 13-Aug, Indus Towers Ltd is experiencing a decline in its stock price, currently at 336.55, which reflects a decrease of 2.15 (-0.63%). The stock has underperformed its sector by 0.45% today and has shown a trend reversal after two consecutive days of gains. It is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has fallen by 1.30%, and it has significantly underperformed over the last month with a decline of 16.56%. Despite a high management efficiency indicated by a return on capital employed (ROCE) of 18.42% and healthy long-term growth in net sales and operating profit, the stock's performance has been hindered by a 17.03% drop over the past year, which contrasts sharply with its profit growth of 47.3%.
In the broader market context, while the Sensex has remained relatively flat with a change of -0.01% over the past week, Indus Towers' performance has been notably worse, reflecting a lack of investor confidence. The stock's delivery volume has decreased significantly, down 69.6% compared to the five-day average, suggesting falling investor participation. Additionally, although institutional holdings are high at 45.68%, indicating some level of confidence from larger investors, the stock's recent flat results and substantial year-over-year decline have contributed to its negative trajectory. Overall, the combination of poor short-term performance relative to the benchmark and declining investor interest has led to the stock's current downward movement.