Why is Vodafone Idea falling/rising?

As of 16-Sep, Vodafone Idea Ltd. is experiencing a decline in its stock price, currently at 7.94, which reflects a decrease of 0.21 or 2.58%. The stock has underperformed its sector by 4.14% today and has fallen after four consecutive days of gains. Despite this recent downturn, Vodafone Idea has shown positive performance over the past week and month, with returns of 9.22% and 29.11%, respectively. However, the stock's long-term performance remains concerning, with a significant decline of 40.03% over the past year. The company is facing challenges due to a negative book value and a high Debt to EBITDA ratio of 9.60 times, indicating weak long-term fundamental strength and low profitability.
In the broader market context, Vodafone Idea's recent performance contrasts sharply with the benchmark, as the Sensex has only seen a modest increase of 1.58% over the past week and 2.21% over the past month. The stock's high institutional holdings at 59.13% suggest that these investors are closely monitoring the company's fundamentals, which may contribute to the stock's volatility. The company's negative operating profits and inability to service debt effectively have led to a perception of risk among investors, further exacerbating its underperformance relative to the market, which has generated negative returns of only -2.93% over the past year.