Why is GSS Infotech falling/rising?

As of 23-Jul, GSS Infotech Ltd's stock price is currently at Rs 32.08, reflecting a decrease of Rs 0.5 or 1.53%. The stock is trading close to its 52-week low, just 1.5% away from Rs 31.6. It has underperformed its sector by 1.98% today and is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). The company has shown significant underperformance over various periods, with a year-to-date return of -47.83% and a one-year return of -65.65%. The financial health of GSS Infotech is concerning, as it has reported operating losses, a low return on equity of 2.16%, and a significant decline in net sales and profits. The majority of shareholders are non-institutional, which may contribute to the stock's volatility and lack of confidence among investors.
In the broader market context, GSS Infotech's recent performance contrasts sharply with the benchmark, as the Sensex has gained 5.87% year-to-date while GSS Infotech has lost nearly half of its value. The stock's recent decline is exacerbated by a drastic drop in investor participation, with delivery volume falling by 77.35% against the 5-day average. This lack of interest, combined with the company's weak long-term fundamentals and consistent underperformance against the benchmark over the last three years, indicates a challenging environment for GSS Infotech, leading to its current downward price movement.