Why is Gayatri Highways falling/rising?

As of 30-Jun, Gayatri Highways Ltd is experiencing a decline in its stock price, currently at 1.30, which reflects a decrease of 0.01 or 0.76%. The stock has been underperforming, having lost 9.72% over the last eight consecutive days. In terms of performance, it has underperformed its sector by 1.32% today. The stock's one-year return stands at -21.69%, significantly lower than the benchmark's return of 5.79%. The company is facing challenges such as a negative book value, poor long-term growth with net sales declining at an annual rate of 42.90%, and a high debt-to-equity ratio. Additionally, 90.89% of promoter shares are pledged, which adds further downward pressure in a falling market.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 2.09% over the past week and 2.65% over the past month. While the stock has shown some positive movement over the last month with a return of 7.44%, its year-to-date performance remains negative at -10.34%. The rising investor participation, indicated by a significant increase in delivery volume, suggests some interest, but the overall sentiment remains cautious due to the company's weak fundamentals and negative EBITDA. The stock's liquidity is adequate for trading, but the persistent negative indicators contribute to its ongoing decline.