Why is Paramount Comm. falling/rising?

As of 17-Sep, Paramount Communications Ltd is experiencing a decline in its stock price, currently at 48.50, which reflects a decrease of 0.26 or 0.53%. Today's price summary indicates that the stock has outperformed its sector by 0.39%, but it has also shown a trend reversal after two consecutive days of gains. The stock is trading above its 5-day and 20-day moving averages but below its longer-term averages (50-day, 100-day, and 200-day). Despite a healthy long-term growth rate in net sales and operating profit, the stock has faced significant challenges, including a substantial year-to-date decline of 41.30% and a one-year drop of 48.92%, alongside a decrease in profits by 16.8%. Additionally, the falling investor participation, with a 20.91% drop in delivery volume, suggests waning interest among investors.
In the broader market context, the stock's performance over the past week shows a return of 2.75%, which is better than the Sensex's 1.56% gain, indicating some short-term resilience. However, the stock has underperformed significantly over the past year compared to the broader market, which has seen a decline of only 0.46%. The lack of domestic mutual fund investment, which stands at 0%, raises concerns about investor confidence in the company's valuation and future prospects. Overall, while there are positive growth indicators, the stock's recent performance is overshadowed by its substantial losses and declining investor interest.