Why is Indus Towers falling/rising?

As of 23-Sep, Indus Towers Ltd is experiencing a price increase, currently at 360.00, reflecting a rise of 3.8 or 1.07%. The stock has outperformed its sector today by 0.55%. In terms of recent performance, the stock has shown a modest increase of 0.21% over the past week and 1.84% over the past month, while it has a year-to-date return of 5.36%. However, it is important to note that the stock's delivery volume has decreased by 17.95% compared to the 5-day average, indicating a decline in investor participation. Despite this, the company boasts high management efficiency with a return on capital employed (ROCE) of 18.42%, and its net sales have grown at an annual rate of 35.86%, contributing positively to its stock performance.
Broader market context reveals that while Indus Towers has outperformed the Sensex by 0.55% today, the benchmark index has seen a decline of 0.34% over the past week. The stock's strong institutional holdings at 45.68% suggest confidence from larger investors, which may bolster its price. However, the company has faced challenges, including a significant drop in profit after tax (PAT) of 30.1% compared to the previous quarter's average, which could weigh on future performance. Overall, while the stock has shown resilience in the short term, the mixed signals from its financial performance and declining investor participation may create uncertainty moving forward.