Why is NDTV falling/rising?

As of 06-Nov, New Delhi Television Ltd's stock price is currently at Rs 89.75, reflecting a decline of Rs 1.97 or 2.15%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total decline of 3.11%. Although it opened the day with a gain of 2.45% and reached an intraday high of Rs 93.97, it ultimately touched a low of Rs 89.39. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by 36.73% compared to the 5-day average, which suggests waning interest among investors.
In the broader market context, NDTV's performance over the past week shows a decline of 3.91%, while the benchmark Sensex has only decreased by 1.30%. This underperformance is further highlighted by NDTV's year-to-date return of -29.90%, contrasting sharply with the Sensex's gain of 6.62%. The stock's long-term performance is also concerning, with a staggering decline of 66.11% over the past three years compared to the Sensex's increase of 36.69%. Overall, the combination of poor recent performance, declining investor interest, and significant underperformance relative to the benchmark indicates a challenging environment for NDTV's stock.