Why is Gayatri Highways falling/rising?

As of 04-Jul, Gayatri Highways Ltd's stock price is currently at 1.31, reflecting an increase of 0.01 or 0.77%. The stock has shown a positive trend recently, gaining 2.34% over the last two days and outperforming its sector by 0.35%. Despite this short-term gain, the stock has experienced a significant decline of 17.09% over the past year, indicating a poor long-term performance. The company faces challenges such as a negative book value, high debt levels, and a weak long-term growth outlook, with net sales declining at an annual rate of 42.90%. Additionally, 90.89% of promoter shares are pledged, which could exert downward pressure on the stock in unfavorable market conditions.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex by 0.00% over the past week while the Sensex has declined by 0.74%. Over the last month, Gayatri Highways has gained 3.15%, slightly above the Sensex's 3.01% increase. However, the stock's year-to-date performance remains concerning, with a decline of 9.66% compared to the Sensex's rise of 6.77%. This underperformance over the longer term, combined with the company's financial struggles, suggests that while there may be short-term gains, the overall outlook remains negative.