Why is Tata Comm falling/rising?

As of 02-Sep, Tata Communications Ltd is experiencing a decline in its stock price, currently at 1,551.15, which reflects a decrease of 11.05 points or 0.71%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 94.97% compared to the 5-day average. Over the past week, the stock has decreased by 0.39%, and over the past month, it has dropped by 6.94%, while its year-to-date performance shows a decline of 8.94%. Despite these declines, the company maintains a high management efficiency with a return on capital employed (ROCE) of 19.60% and an attractive valuation compared to its peers.
In the broader market context, Tata Communications' performance has been slightly better than the benchmark Sensex over the past week, which has seen a decline of 0.78%. However, the stock's longer-term performance is concerning, with a year-over-year return of -21.04% compared to the Sensex's -2.91%. The stock is trading at a discount relative to its peers, which may attract institutional investors, as indicated by a high institutional holding of 31.99%. Despite the positive aspects such as rising profits and high management efficiency, the overall negative sentiment and declining trading activity are contributing to the stock's current downward movement.