Why is GSS Infotech falling/rising?

As of 25-Jul, GSS Infotech Ltd's stock price is currently at Rs. 31.20, reflecting a decrease of Rs. 0.4 or 1.27%. The stock has recently hit a new 52-week low of Rs. 31.15 and has been on a downward trend, losing 4.24% over the last three days. It is trading below all its moving averages, indicating a bearish sentiment. The company's financial performance has been poor, with a significant operating loss and a negative return on equity of 2.16%, suggesting low profitability. Additionally, the stock has consistently underperformed against the benchmark, with a staggering decline of 66.63% over the past year, while its net sales and profit after tax have also decreased by 25.43%.
In the broader market context, GSS Infotech's short-term performance has been notably worse than the benchmark, with a 1-week return of -3.47% compared to the Sensex's -0.36%. This underperformance is compounded by the company's weak long-term fundamentals and negative operating profits, making it a risky investment. Despite a slight increase in investor participation, the overall sentiment remains negative due to the company's inability to generate positive returns and its history of losses. The combination of these factors contributes to the stock's continued decline in price.