Why is Railtel Corpn. falling/rising?

As of 21-Aug, Railtel Corporation of India Ltd's stock price is currently at Rs 361.55, reflecting an increase of 2.35 (0.65%). The stock has been on an upward trend, gaining for the last four days and achieving a return of 4.19% over the past week, which outperformed the sector by 0.84%. Despite a decline of 10.66% over the past month and a significant drop of 23.07% over the past year, the company has shown healthy long-term growth with net sales increasing at an annual rate of 27.33%. The stock's low debt-to-equity ratio and rising participation from institutional investors, who have increased their stake by 0.67%, contribute positively to its recent performance. However, the company reported flat results for the quarter ending June 25, with net sales and profits falling significantly compared to previous averages, which raises concerns about its valuation.
In the broader market context, Railtel's recent short-term performance has outpaced the benchmark Sensex, which has only gained 1.74% over the past week. Despite this positive short-term movement, the stock has underperformed the market over the last year, with a return of -23.07% compared to the BSE500's -1.56%. This stark contrast highlights the challenges the company faces, particularly in light of its recent quarterly results and high valuation metrics, which may deter some investors despite the recent gains.