Why is NDTV falling/rising?

As of 06-Aug, New Delhi Television Ltd's stock price is currently at 134.45, reflecting a decline of 3.3 points or 2.4%. The stock has underperformed its sector by 1.07% today and has experienced a trend reversal, falling after two consecutive days of gains. It reached an intraday low of Rs 131.2, which is a drop of 4.75%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has significantly decreased, with a drop of 82.38% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has seen a substantial decline of 34.94%, while it has gained 291.98% over the last five years, suggesting a long-term positive trend despite recent struggles.
In the broader market context, NDTV's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 1.15% over the past week, while NDTV has fallen by 4.27%. This underperformance is further highlighted by the stock's year-to-date return of -16.65% compared to the Sensex's positive return of 3.08%. The significant drop in delivery volume and the stock trading below its moving averages indicate a lack of confidence among investors, contributing to the stock's downward trajectory amidst a generally more stable market environment.