Why is Indus Towers falling/rising?

As of 24-Sep, Indus Towers Ltd is currently priced at 358.05, reflecting a decrease of 1.05 or 0.29%. The stock has shown a performance today that outperformed its sector by 0.44%. It is trading higher than its 5-day and 20-day moving averages, although it remains below its 50-day, 100-day, and 200-day moving averages. In the past week, the stock has increased by 1.00%, while over the past month, it has risen by 1.29%. Despite a year-to-date increase of 4.78%, the stock has experienced a significant decline of 10.71% over the past year. Positive factors include high management efficiency with a return on capital employed (ROCE) of 18.42%, strong long-term growth in net sales and operating profit, and high institutional holdings which have increased by 0.84% over the previous quarter. However, negative factors such as flat results in June 2025, a significant drop in profit before tax and profit after tax compared to previous quarters, and an expensive valuation relative to its peers may be contributing to the stock's recent decline.
In the broader market context, Indus Towers has outperformed the Sensex by 1.00% over the past week, while the benchmark index has declined by 1.18%. This indicates that the stock has been relatively resilient compared to the overall market. However, the stock's year-on-year performance of -10.71% contrasts with the Sensex's smaller decline of -3.77%, suggesting that while the stock has shown some short-term strength, it has struggled in the longer term compared to the broader market. The liquidity of the stock appears adequate for trading, with a delivery volume increase of 46.96% against the 5-day average, which may provide some support for its price despite the recent downturn.