Why is Railtel Corpn. falling/rising?

As of 07-Aug, Railtel Corporation of India Ltd is experiencing a decline in its stock price, currently at Rs 357.85, which reflects a decrease of Rs 3.85 or 1.06%. The stock has underperformed its sector by 1.67% today and has been on a downward trend for the last three days, accumulating a total decline of 2.81%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The recent quarterly results have shown a significant drop in net sales, profit before tax, and profit after tax compared to previous averages, contributing to negative sentiment. Although the company has a low debt-to-equity ratio and has seen a healthy long-term growth in net sales, the high valuation metrics and underperformance relative to the market over the past year have raised concerns among investors.
In the broader market context, Railtel's short-term performance has been notably worse than the benchmark, with a 1-week return of -2.55% compared to the Sensex's -0.69%. Over the past month, Railtel's stock has declined by 13.29%, while the Sensex has only fallen by 3.38%. This stark contrast highlights the stock's struggles in a generally challenging environment. Furthermore, the recent decrease in delivery volume indicates falling investor participation, which may exacerbate the stock's decline. Despite some positive factors, such as increasing institutional investor participation, the overall market sentiment and the company's recent financial performance suggest a challenging outlook for Railtel Corporation.