Why is Vodafone Idea falling/rising?

As of 17-Sep, Vodafone Idea Ltd. is currently priced at 7.78, reflecting a decrease of 0.16 or 2.02%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.54% during this period. Despite a positive performance over the past week and month, with returns of 6.14% and 26.50% respectively, the stock has a year-to-date decline of 2.02% and a significant one-year drop of 40.70%. The company is facing challenges, including a negative book value and a high debt-to-EBITDA ratio of 9.60 times, which indicates a weak long-term fundamental strength. Additionally, the stock's liquidity is adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 33.83% against the five-day average.
In the broader market context, Vodafone Idea's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 1.56% over the past week and 2.60% over the past month. The stock's significant decline over the past year, compared to the BSE500's negative return of only 2.63%, highlights its struggles in the market. The high institutional holdings at 59.13% suggest that knowledgeable investors are closely monitoring the company's fundamentals, which may contribute to the stock's volatility. Overall, the combination of poor profitability, high debt levels, and declining investor interest has led to the stock's recent downward movement.