Why is Vodafone Idea falling/rising?

As of 31-Oct, Vodafone Idea Ltd. is currently priced at 8.73, showing no change (0.00%). The stock has outperformed its sector by 0.59% today, despite a recent decline of 9.25% over the past week. It has shown a positive return of 2.34% over the last month and a year-to-date increase of 9.95%. The stock is trading above its 50-day, 100-day, and 200-day moving averages, although it is below its 5-day and 20-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 31.97% compared to the 5-day average. However, the company faces challenges, including a negative book value and a high Debt to EBITDA ratio of 9.60 times, which raises concerns about its long-term fundamental strength.
In the broader market context, Vodafone Idea's performance over the past week contrasts sharply with the Sensex, which has only declined by 0.32%. While the stock has generated a return of 7.51% over the past year, it is important to note that the company's profits have only increased by 9.9%, indicating a potential risk given its negative operating profits. The high institutional holdings at 59.74% suggest that more sophisticated investors are backing the stock, as their stake has increased by 0.61% over the previous quarter. However, the company's ongoing losses and negative net worth present significant risks that could impact future performance.