Why is Surana Telecom falling/rising?

As of 26-Sep, Surana Telecom and Power Ltd's stock is currently priced at Rs 20.51, reflecting a decline of Rs 1.15 or 5.31%. The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a significant 13.86% decrease over that period. Despite opening with a gain of 5.17% today and reaching an intraday high of Rs 22.78, it ultimately closed at its day's low. The stock's performance over the past month shows a positive return of 8.23%, but it has underperformed the sector today by 3.09%. While there are some positive indicators, such as increased promoter confidence with a 0.76% rise in stake and improved profitability metrics in the latest six months, the long-term fundamentals remain weak, highlighted by a -212.69% CAGR growth in operating profits over the last five years.
In the broader market context, Surana Telecom's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.66% over the past week. The stock's year-to-date performance is also concerning, with a decline of 12.35% compared to the Sensex's gain of 2.93%. The high volatility observed today, with an intraday fluctuation of 7.86%, coupled with decreasing investor participation, indicates a lack of confidence among traders. The overall market sentiment appears to be cautious, particularly in the cable sector, which has also experienced a decline of 2.32%. This combination of factors suggests that while there are some positive developments within the company, the prevailing negative sentiment and weak long-term fundamentals are contributing to the stock's current decline.