Why is Railtel Corpn. falling/rising?

As of 07-Oct, Railtel Corporation of India Ltd is experiencing a price increase, currently trading at Rs 398.00, which reflects a rise of 13.45 or 3.5%. The stock has shown strong performance today, outperforming its sector by 2.53% and reaching an intraday high of Rs 399.35. Over the past week, the stock has gained 6.92%, and over the past month, it has increased by 15.06%. Additionally, the company has a low debt-to-equity ratio and has demonstrated healthy long-term growth with net sales growing at an annual rate of 27.33%. Institutional investors have also increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, Railtel's short-term performance significantly outpaces the benchmark Sensex, which has only risen by 2.07% over the same week. While the stock has shown consistent returns over the last three years, outperforming the BSE500, it is important to note that there has been a decline in investor participation, with delivery volume falling by 37.67% against the five-day average. Despite this, the liquidity remains adequate for trading, suggesting that while there are some concerns regarding participation, the overall sentiment towards Railtel remains positive, contributing to its rising stock price.