Why is Vodafone Idea falling/rising?

As of 17-Jul, Vodafone Idea Ltd. is experiencing a decline in its stock price, currently at 7.76, which reflects a decrease of 0.08 or 1.02%. The stock has shown a strong performance over the past week with a return of 5.72%, and a notable increase of 17.40% over the past month. However, it has underperformed in the long term, with a staggering decline of 53.78% over the past year. Today's price summary indicates that the stock is trading below its 200-day moving average, despite being higher than its shorter-term moving averages. Additionally, there is a rising investor participation with a significant increase in delivery volume, suggesting some interest from investors. However, the company faces challenges such as a negative book value and a high Debt to EBITDA ratio, which raises concerns about its long-term viability.
In the broader market context, Vodafone Idea's recent performance contrasts sharply with the benchmark Sensex, which has shown a slight decline of 1.12% over the past week and a positive return of 0.83% over the past month. While the stock has outperformed the benchmark in the short term, its long-term performance remains concerning, especially given its negative operating profits and the overall weak fundamental strength. The high institutional holdings may provide some support, but the company's financial struggles and the need for fresh capital or profitability to sustain operations could be contributing to the stock's downward pressure.