Why is Tata Tele. Mah. falling/rising?

As of 11-Sep, Tata Teleservices (Maharashtra) Ltd is currently priced at 57.13, reflecting a slight increase of 0.07 or 0.12%. The stock has shown a consecutive gain over the last two days, with a total return of 0.21% during this period. However, it is underperforming its sector by 0.97% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant increase in delivery volume by 111.79% compared to the 5-day average, the company faces serious challenges, including a negative book value and a high debt-to-equity ratio. The stock has consistently underperformed against benchmarks, with a one-year return of -36.94% and a three-year return of -52.51%, indicating weak long-term growth prospects.
In the broader market context, the stock's performance over the past week shows a marginal gain of 0.05%, while the Sensex has increased by 1.03%, highlighting a significant underperformance relative to the benchmark. The company's weak fundamentals, characterized by stagnant net sales growth and flat operating profits, contribute to its risky profile. Additionally, the low stake held by domestic mutual funds, at only 0.45%, suggests a lack of confidence in the stock's valuation and future performance. Overall, while there has been a minor uptick in price, the underlying financial health and market sentiment surrounding Tata Teleservices (Maharashtra) Ltd remain concerning.