Why is GSS Infotech falling/rising?

As of 29-Aug, GSS Infotech Ltd is experiencing a decline in its stock price, currently at Rs 28.67, which reflects a decrease of 4.37 or 13.23%. The stock has underperformed significantly today, with a performance that is 12.55% lower than its sector. It touched an intraday low of Rs 28.6 and has shown high volatility with an intraday volatility of 7.21%. Over the past year, GSS Infotech has generated a return of -64.07%, and it has consistently underperformed against the benchmark indices, including a -87.02% return over the last three years. The company's financial health is concerning, as it has reported operating losses and negative results for the last three consecutive quarters, with a return on equity of only 2.16%, indicating low profitability.
In the broader market context, GSS Infotech's short-term return of -0.10% over the past week is better than the Sensex's decline of -1.84%, but this is overshadowed by its long-term underperformance. The stock has been trading below all its moving averages, indicating a bearish trend. Despite a significant increase in delivery volume, the overall sentiment remains negative due to the company's weak financial fundamentals and consistent losses. The stock's liquidity is adequate for trading, but the high risk associated with its negative EBITDA and declining profits suggests that investor confidence is low, contributing to the ongoing decline in its stock price.