Why is T N Telecom. falling/rising?

As of 02-Sep, Tamil Nadu Telecommunications Ltd is experiencing a decline in its stock price, currently at 16.27, which represents a decrease of 0.85 or 4.96%. The stock has underperformed its sector by 5.93% today and has been on a consecutive downward trend for the last two days, accumulating a total drop of 9.71%. Over the past week, the stock has decreased by 2.92%, and its performance over the last month shows a significant decline of 15.83%. Despite a strong long-term performance with a 51.07% return over the past year, the company faces challenges such as a negative book value, stagnant net sales, and high debt levels, which contribute to its weak long-term fundamental strength.
In the broader market context, the Sensex has only fallen by 0.78% over the past week, indicating that Tamil Nadu Telecommunications Ltd's short-term decline is more pronounced than the overall market trend. While the stock has shown impressive returns over the long term, its recent performance contrasts sharply with the benchmark, highlighting a period of volatility and investor concern. The significant drop in delivery volume, which has decreased by 97.34% compared to the 5-day average, further suggests a lack of investor confidence, contributing to the stock's current downward trajectory.