Why is NDTV falling/rising?

As of 30-Jun, New Delhi Television Ltd's stock price is currently at 159.75, reflecting a decline of 2.75, or 1.69%. The stock opened lower today, with a gap down of 2.46%, and reached an intraday low of Rs 155.05, marking a decrease of 4.58%. Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock has underperformed its sector by 2.16%. Over the past week, the stock has shown a positive return of 5.13%, but it has declined by 2.32% over the past month and has significantly underperformed the market over the last year with a return of -27.76%. The company's financial health is concerning, with a high debt-to-equity ratio of 5.58 and negative results reported for the last nine consecutive quarters, including a return on capital employed (ROCE) of -49.54% and a negative EBITDA, indicating weak long-term fundamental strength.
In the broader market context, while the stock has seen a short-term gain of 5.13% over the past week, it has lagged behind the Sensex, which has increased by 2.09% during the same period. The stock's long-term performance is troubling, as it has generated a negative return of -27.76% over the last year, contrasting sharply with the Sensex's positive return of 5.79%. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in NDTV's valuation and business prospects. Overall, the combination of poor financial results, high debt, and significant underperformance relative to the market contributes to the stock's current downward movement.