Why is P.M. Telelinnks falling/rising?

As of 24-Jun, P.M. Telelinnks Ltd is experiencing a decline in its stock price, currently at 5.97, which reflects a decrease of 0.29 or 4.63%. The stock has underperformed its sector by 4.32% today and has been on a downward trend for the last two days, accumulating a total loss of 4.78% during this period. Additionally, the stock has shown poor performance over the past week and month, with returns of -6.72% and -17.54%, respectively. Despite a positive year-to-date return of 1.70%, the company is facing operational challenges, including weak long-term fundamental strength and significant operating losses. The stock's valuation appears expensive compared to its peers, and its ability to service debt is weak, as indicated by a poor EBIT to Interest ratio of 0.20.
In the broader market context, while the Sensex has shown a slight increase of 0.58% over the past week, P.M. Telelinnks' performance has been notably negative, highlighting its struggle against market trends. The company's return on equity is low at 5.28%, and it has reported a decline in profits over the past year, further contributing to investor concerns. The falling investor participation, with a drastic drop in delivery volume, suggests a lack of confidence among shareholders, which is likely influencing the stock's recent price movement.