Why is Paramount Comm. falling/rising?

As of 25-Jul, Paramount Communications Ltd's stock price is currently at Rs 58.06, reflecting a decrease of Rs 1.67 or 2.8%. The stock has underperformed its sector today by 1.39%, reaching an intraday low of Rs 57.85, which is a decline of 3.15%. Over the past week, the stock has seen a slight decline of 1.19%, while it has shown a marginal increase of 0.10% over the past month. Despite a significant long-term growth trajectory, with net sales growing at an annual rate of 21.05% and operating profit at 26.59%, the stock has experienced a year-to-date decline of 29.73%. The company has maintained positive results for the last 15 consecutive quarters, but the stock's performance has not reflected this growth, as it has generated a return of -20.72% over the past year.
In the broader market context, the Sensex has declined by only 0.36% over the past week and has gained 4.25% year-to-date, indicating that the stock's recent performance is not aligned with the overall market trend. While the stock is trading at a discount compared to its peers' average historical valuations, the negative short-term performance relative to the benchmark suggests that investor sentiment may be cautious despite the company's healthy long-term growth indicators. The rising investor participation, with a significant increase in delivery volume, may indicate potential interest, but the current price movement reflects ongoing challenges in gaining traction in the market.