Why is GSS Infotech falling/rising?

As of 22-Jul, GSS Infotech Ltd's stock price is currently flat at Rs 32.58, with no change in percentage terms. The stock is close to its 52-week low, being only 3.01% away from Rs 31.6. In terms of performance, the stock has shown a slight increase of 0.09% over the past week, while it has decreased by 3.89% over the last month. The stock's long-term performance is concerning, with a staggering decline of 64.59% over the past year and 85.26% over the last three years. The company is facing significant challenges, including operating losses and a weak return on equity of 2.16%, indicating low profitability. Additionally, the latest financial results show a decline in net sales and profits, further contributing to the stock's negative outlook.
In the broader market context, GSS Infotech's recent performance contrasts sharply with the benchmark, as the Sensex has experienced a decline of only 0.47% over the past week and a modest decrease of 0.27% over the last month. The stock's underperformance against the benchmark is evident, as it has consistently lagged behind the BSE500 over the last three years. Furthermore, the falling investor participation, with a significant drop in delivery volume, suggests a lack of confidence among investors, which may be contributing to the stock's stagnant price movement. Overall, the combination of poor financial performance, weak fundamentals, and negative market sentiment indicates that GSS Infotech is struggling to attract investor interest.