Why is T N Telecom. falling/rising?

As of 19-Nov, Tamil Nadu Telecommunications Ltd is experiencing a decline in its stock price, currently at 10.45, reflecting a decrease of 0.54 or 4.91%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 15.86% during this period. Additionally, it has underperformed its sector by 3.83% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume, which rose by 303.66% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 15.59% compared to a 9.02% increase in the benchmark Sensex.
Broader Market Context: In the short term, Tamil Nadu Telecommunications Ltd has significantly underperformed the benchmark Sensex, which has gained 0.85% over the past week while the stock has dropped by 12.55%. This stark contrast highlights the challenges faced by the company relative to the broader market. The stock's liquidity appears adequate for trading, but the persistent decline and the erratic trading pattern, where it did not trade on one day out of the last 20, suggest a lack of investor confidence. Overall, the combination of poor recent performance and negative sentiment in the market contributes to the ongoing decline in the stock price.