Why is Vodafone Idea falling/rising?

As of 25-Jul, Vodafone Idea Ltd. is experiencing a decline in its stock price, currently at 7.21, which reflects a decrease of 0.16 or 2.17%. The stock has underperformed its sector by 2.07% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.74%. Over the past week, the stock has fallen by 6.61%, while it has shown a slight recovery of 1.12% over the past month. However, the long-term performance remains concerning, with a staggering 52.57% drop over the past year. The company is facing significant challenges, including a negative book value and a high debt-to-EBITDA ratio of 9.60 times, which indicates a weak ability to service its debt. Additionally, the company has reported losses and has a negative net worth, raising concerns about its long-term viability.
In the broader market context, Vodafone Idea's short-term performance has been notably worse than the benchmark, with the Sensex declining only 0.36% over the same week. Despite a rise in investor participation, as indicated by a 5.37% increase in delivery volume, the stock's liquidity remains a concern, and its performance has been below par both in the near term and long term. The high institutional holdings at 59.13% suggest that these investors are closely monitoring the company's fundamentals, which appear weak given the negative operating profits and the necessity for the company to either raise fresh capital or report profits to sustain itself moving forward.