Why is GSS Infotech falling/rising?

As of 30-Jul, GSS Infotech Ltd is experiencing a decline in its stock price, currently at Rs. 31.00, which reflects a decrease of -0.1 or -0.32%. The stock has hit a new 52-week low today and has underperformed its sector by -0.43%. Over the past two days, it has seen a consecutive fall, totaling -2.52% in returns. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume decreasing by -35.31% compared to the 5-day average. The company's financials reveal operating losses and a low return on equity of 2.16%, contributing to its weak long-term fundamental strength. The stock has consistently underperformed against the benchmark, with a staggering -66.52% return over the past year.
In the broader market context, GSS Infotech's short-term performance has been notably worse than the benchmark, with a -3.37% return over the past week compared to the Sensex's -1.50%. This consistent underperformance highlights the company's struggles in comparison to the overall market. The negative financial results, including a -25.43% decline in net sales and a -113.6% drop in profits over the past year, further exacerbate the stock's downward trajectory. Given these factors, the stock is considered risky and has been labeled a strong sell, reflecting a lack of confidence among investors in its future performance.