Why is Vindhya Telelink falling/rising?

As of 17-Sep, Vindhya Telelinks Ltd's stock price is currently at Rs 1,498.00, reflecting an increase of Rs 8.0 or 0.54%. The stock has shown a performance today that outperformed its sector by 1.46%, reaching an intraday high of Rs 1,530, which is a 2.68% increase. Despite this positive movement, the stock has had a challenging year, with a return of -37.19% over the past year and a year-to-date decline of -20.65%. The company's return on capital employed (ROCE) stands at a low 4.6, indicating a very attractive valuation, but it is trading at a discount compared to its peers. Additionally, while the stock has seen a rise in investor participation, with delivery volume increasing by 78.96% against the 5-day average, its operating profit has only grown at an annual rate of 3.24% over the last five years, contributing to concerns about long-term growth.
Broader market context reveals that Vindhya Telelinks has underperformed compared to the benchmark Sensex, which has gained 1.56% over the past week and 2.60% over the past month. The stock's performance is particularly concerning given its significant underperformance against the BSE500 over various time frames, including the last three years and one year. This broader context of underperformance, combined with flat results in recent quarters and a low operating profit to interest ratio, suggests that while there may be short-term gains, the long-term outlook remains bleak, contributing to cautious sentiment among investors.