Why is Indus Towers falling/rising?

As of 03-Sep, Indus Towers Ltd is experiencing a decline in its stock price, currently at 324.05, which reflects a decrease of 5.25 or 1.59%. The stock has hit a new 52-week low of Rs. 312.6 today and has underperformed its sector by 1.8%. Over the past week, the stock has fallen by 5.36%, and in the last month, it has decreased by 6.10%. The stock has been on a consecutive downward trend for the last two days, with a total decline of 4.56%. Despite a high management efficiency indicated by a ROCE of 18.42% and significant long-term growth in net sales and operating profit, the stock's performance has been hindered by flat quarterly results and a substantial year-over-year decline of 26.61%.
In the broader market context, the stock's performance has significantly lagged behind the benchmark, with a one-year return of -26.61% compared to the Sensex's -2.41%. While the overall market has shown a slight negative return, Indus Towers has faced a much steeper decline, indicating underlying issues affecting investor confidence. Despite high institutional holdings and a fair valuation compared to peers, the recent flat results and increased interest expenses have contributed to the stock's poor performance. The rising investor participation, indicated by a 41.9% increase in delivery volume, suggests some interest in the stock, but the overall sentiment remains negative due to the recent price movements and financial results.