Why is GSS Infotech falling/rising?

As of 03-Sep, GSS Infotech Ltd is currently priced at 27.76, reflecting an increase of 0.27 or 0.98%. Despite this slight uptick, the stock has shown a negative trend over the past week and month, with declines of 1.56% and 8.98%, respectively. The stock is currently trading close to its 52-week low, just 4.14% above the low of Rs 26.61. Although it has outperformed its sector by 1.53% today, it remains below all key moving averages, indicating a bearish trend. The company has faced significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a return on equity of only 2.16%. Additionally, the company has reported negative results for the last three consecutive quarters, with net sales and profit after tax both declining by 23.77%.
In the broader market context, GSS Infotech's performance has been notably poor compared to the benchmark, with a year-to-date return of -54.85% against a positive 3.11% for the Sensex. This consistent underperformance over the last three years, coupled with falling investor participation—evidenced by a 58.17% drop in delivery volume—highlights the stock's ongoing struggles. While the stock has gained slightly today, the overall sentiment remains negative due to its historical volatility and significant losses, making it a risky investment compared to its average historical valuations.