Why is GSS Infotech falling/rising?

As of 02-Sep, GSS Infotech Ltd's stock price is currently at Rs 27.49, reflecting a decrease of Rs 0.45 or 1.61%. The stock has been underperforming significantly, with a decline of 16.8% over the last three days and a year-to-date drop of 55.29%. It is also trading close to its 52-week low, just 3.2% away from Rs 26.61. The company has reported negative results for the last three consecutive quarters, with net sales and profit after tax both declining by 23.77%. Additionally, the stock has a weak long-term fundamental strength, as indicated by a low return on equity of 2.16% and negative EBITDA, which further contributes to its recent price movement.
In the broader market context, GSS Infotech's short-term performance has been notably worse than the benchmark, with a 1-week return of -2.52% compared to the Sensex's -0.78%. This consistent underperformance against the benchmark over the last three years, coupled with a significant drop in investor participation—evidenced by a 58.38% decrease in delivery volume—suggests a lack of confidence among investors. The stock's liquidity is relatively low, and it is trading below all major moving averages, indicating a bearish sentiment in the market. Overall, these factors contribute to the stock's downward trajectory.