Why is Railtel Corpn. falling/rising?

As of 30-Jun, Railtel Corporation of India Ltd is experiencing a slight increase in its stock price, currently at 428.50, reflecting a change of 0.45 (0.11%) upward. The stock has shown a positive trend, gaining 2.71% over the past week and 7.53% over the past month, although it has underperformed its sector by 2.37% today. The stock has been on a consecutive gain streak for the last five days and is trading above its moving averages across various time frames. Additionally, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 26.99%, and recent quarterly results showing significant growth in profit before tax and profit after tax compared to previous averages.
In the broader market context, Railtel's short-term performance has outpaced the benchmark Sensex, which has risen by 2.09% over the past week and 2.65% over the past month. This indicates that while the stock is performing well relative to the market, it still faces challenges, as evidenced by its year-to-date performance of 6.04% compared to the Sensex's 7.00%. The telecommunications equipment sector has also seen gains, contributing to the stock's upward movement. Overall, the combination of strong financial performance, rising investor participation, and favorable market conditions has supported the stock's recent rise, despite some underperformance relative to its sector today.