Why is Tata Tele. Mah. falling/rising?

As of 22-Sep, Tata Teleservices (Maharashtra) Ltd is experiencing a decline in its stock price, currently at 57.25, which reflects a decrease of 0.45 or 0.78%. The stock has been underperforming, having fallen consecutively for the last four days with a total decline of 2.54% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the company has a negative book value and a weak long-term fundamental strength, with net sales growth at a mere 4.31% annually over the last five years. The stock's performance has been poor, generating a return of -34.20% over the past year, which is compounded by high debt levels and minimal interest from domestic mutual funds, holding only 0.45% of the company.
In the broader market context, Tata Teleservices has underperformed against the benchmark, with a 1-week return of -0.87% compared to the Sensex's gain of 0.46%. Over the past month, the stock has declined by 2.78%, while the Sensex has increased by 1.05%. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in investor participation and liquidity concerns, further exacerbates the negative sentiment surrounding the stock. The overall market conditions seem to favor other investments, as indicated by the Sensex's positive returns, contrasting sharply with Tata Teleservices' struggles.