Why is Tata Tele. Mah. falling/rising?

As of 23-Sep, Tata Teleservices (Maharashtra) Ltd is experiencing a decline in its stock price, currently at 56.91, reflecting a decrease of -0.34 (-0.59%). The stock has been on a downward trend, losing value for the past five days with a total return of -3.12% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a weak performance relative to its historical price trends. Additionally, the stock has a negative book value and has shown poor long-term growth, with net sales growing at an annual rate of only 4.31% over the last five years. The company's high debt levels and consistent underperformance against benchmarks further contribute to its weak market position, as evidenced by a significant drop in investor participation, with delivery volume falling by -34.98% against the 5-day average.
In the broader market context, Tata Teleservices has underperformed compared to the Sensex, which has shown a slight decline of -0.34% over the past week, while the stock itself has dropped by -3.12%. This consistent underperformance is reflected in the stock's year-to-date return of -24.61%, contrasting sharply with the Sensex's gain of +5.07%. The lack of confidence from domestic mutual funds, which hold only 0.45% of the company, suggests that institutional investors may be wary of the stock's valuation and business prospects, further indicating a challenging environment for Tata Teleservices in the current market landscape.