Why is NDTV falling/rising?

As of 25-Aug, New Delhi Television Ltd's stock price is currently at Rs 143.00, reflecting a decline of Rs 4.0 or 2.72%. The stock has been underperforming, having lost 5.74% over the last two days, and it touched an intraday low of Rs 140.6. In terms of performance against benchmarks, the stock has generated a return of -2.56% over the past month, while the Sensex has increased by 0.21%. The company has faced significant challenges, including a high debt-to-equity ratio of 5.58 times and a negative EBITDA, indicating weak long-term fundamental strength. Additionally, the company has reported negative results for the last ten consecutive quarters, which has contributed to a substantial decline in investor confidence. In the broader market context, while the stock has shown a positive return of 9.08% over the past week, it has consistently underperformed against the benchmark indices over the last three years, with a year-to-date return of -11.35% compared to the Sensex's 4.48%. This consistent underperformance, coupled with a lack of interest from domestic mutual funds, suggests that investors are cautious about the company's future prospects. The rising investor participation, indicated by a significant increase in delivery volume, may not be enough to offset the negative sentiment surrounding the stock due to its poor financial performance and high debt levels.