Why is Quadrant Tele. falling/rising?

As of 23-Sep, Quadrant Televentures Ltd is experiencing a price increase, currently at 0.39, which reflects a rise of 0.01 or 2.63%. Despite this uptick, the stock has shown a significant decline over the past week and month, with returns of -11.36% and -17.02%, respectively. The stock is trading below all its moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 144.69% against the five-day average, suggesting some renewed interest. The company's long-term fundamentals remain weak, characterized by a negative book value, declining net sales, and high debt levels, which contribute to its classification as a strong sell.
In the broader market context, the Sensex has shown a relatively stable performance, with a slight increase of 0.98% over the past month, contrasting with Quadrant Televentures' substantial declines. This disparity highlights the stock's underperformance compared to the benchmark. The reduction in promoter confidence, with an 8.5% decrease in their stake, further exacerbates concerns about the company's future prospects. Overall, while the stock has seen a minor rise today, the underlying factors suggest a challenging environment that may hinder sustained recovery.