Why is NDTV falling/rising?

As of 01-Jul, New Delhi Television Ltd's stock price is currently at 159.60, reflecting a decrease of -0.15 (-0.09%). The stock has been experiencing a decline, having fallen for the last two consecutive days with a total return of -1.78% during this period. Despite outperforming its sector by 0.99% today, the stock has shown mixed performance over different time frames, with a 1-week return of +3.94% but a 1-month return of -2.42% and a significant 1-year decline of -27.62%. The company's financial health is concerning, as it has reported negative results for the last nine consecutive quarters, with a high debt-to-equity ratio of 5.58 times and a negative EBITDA, indicating weak long-term fundamental strength.
In the broader market context, while the stock has outperformed the sector recently, it has underperformed the benchmark index, the Sensex, over the past year, which has generated a return of +5.31%. The stock's liquidity appears adequate, with a delivery volume increase of 46.54% against the 5-day average, suggesting some investor interest. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's future prospects. Overall, the combination of weak financial performance, high debt levels, and underperformance relative to the market contributes to the stock's current downward movement.