Why is GSS Infotech falling/rising?

As of 21-Jul, GSS Infotech Ltd's stock price is currently at Rs 32.58, reflecting an increase of Rs 0.26 or 0.8%. The stock has shown a slight positive performance today, outperforming its sector by 1.3% and reversing a trend after two consecutive days of decline. However, it remains close to its 52-week low, just 3.01% away from Rs 31.6. Over the past week, the stock has gained 0.34%, while it has significantly underperformed in the longer term, with a year-to-date decline of 47.02% and a staggering 65.16% drop over the past year. The company is facing challenges, including operating losses and weak long-term fundamentals, with a return on equity averaging only 2.16%. Additionally, negative sales growth and falling profitability have contributed to a perception of risk among investors.
In the broader market context, GSS Infotech's recent performance contrasts with the benchmark Sensex, which has shown a slight decline of 0.06% over the past week. While the stock has managed to rise today, its long-term performance has been consistently poor compared to the benchmark, with a 3-year underperformance of 85.26%. The stock's liquidity appears adequate for trading, but a significant drop in delivery volume indicates waning investor interest. Overall, the combination of weak financial results, negative operating profits, and a lack of institutional support suggests that the stock's recent rise may not be sustainable in the face of its ongoing challenges.