Why is Railtel Corpn. falling/rising?

As of 08-Sep, Railtel Corporation of India Ltd is currently priced at 345.80, reflecting a slight decrease of -0.1 or -0.03%. The stock has underperformed its sector by -1.65% today, and while it is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week return of +1.75% but a significant year-to-date decline of -14.43%. Additionally, the company has experienced a drop in investor participation, with delivery volume falling by -54.43% compared to the 5-day average. Despite a low debt-to-equity ratio and healthy long-term growth in net sales, the recent quarterly results have shown declines in net sales, profit before tax, and profit after tax, contributing to a perception of expensive valuation with a high price-to-book ratio.
Broader market context indicates that while the stock has underperformed the market over the past year, with a return of -28.66% compared to the BSE500's -3.07%, it has outperformed the benchmark in the short term with a 1-week return that exceeds the Sensex's +0.53%. The increasing participation of institutional investors, who have raised their stake by 0.67%, may provide some support to the stock, as these investors typically have better resources for analyzing company fundamentals. However, the overall negative sentiment driven by flat quarterly results and a high PEG ratio suggests that the stock's recent movement is influenced more by its disappointing financial performance than by the positive factors at play.