Why is Indus Towers falling/rising?

As of 22-Sep, Indus Towers Ltd is experiencing a decline in its stock price, currently at 356.20, reflecting a decrease of 0.55 or 0.15%. The stock's performance today is in line with its sector, but it is trading lower than the 5-day, 50-day, 100-day, and 200-day moving averages, indicating a potential short-term weakness. The stock has shown a mixed performance over various periods, with a 1-week decline of 0.75% and a 1-year drop of 8.28%, despite a positive year-to-date return of 4.24%. Factors contributing to this decline include a significant drop in quarterly profit after tax and a high valuation relative to capital employed, which may deter some investors despite the company's strong management efficiency and growth in net sales and operating profit.
In the broader market context, the Sensex has increased by 0.46% over the past week, contrasting with Indus Towers' recent decline. While the stock has outperformed the benchmark over the longer term, such as a 3-year return of 82.34% compared to the Sensex's 38.97%, the recent underperformance may be attributed to falling investor participation, as evidenced by a 24.77% decrease in delivery volume against the 5-day average. Additionally, the stock's high institutional holdings suggest that while there is confidence from larger investors, the recent flat results and high valuation may be causing hesitation among retail investors, contributing to the stock's downward movement.