Why is Railtel Corpn. falling/rising?

As of 28-Aug, Railtel Corporation of India Ltd is experiencing a decline in its stock price, currently at Rs 336.30, which reflects a decrease of Rs 7.7 or 2.24%. The stock has been on a downward trend for the last four days, with a total decline of 6.98% over the past week. Today's price summary indicates that the stock has touched an intraday low of Rs 335.15 and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company reported flat results for the quarter ending June 25, with net sales and profits falling significantly compared to previous quarters. Despite a low debt-to-equity ratio and healthy long-term growth in net sales, the stock's performance has been hindered by a high price-to-book value and a negative return of 33.03% over the past year, which is significantly worse than the broader market.
In the broader market context, Railtel's short-term performance has underperformed compared to the benchmark index, with a 1-week return of -6.98% against the Sensex's -2.34%. This underperformance is further highlighted by the stock's year-to-date decline of 16.78%, while the Sensex has gained 2.48% during the same period. The telecommunications equipment sector has also faced a decline of 2.18%, contributing to the negative sentiment surrounding Railtel. Furthermore, a decrease in investor participation, as evidenced by a 28.02% drop in delivery volume, suggests waning interest in the stock, which may exacerbate its price decline.