Why is GSS Infotech falling/rising?

As of 04-Sep, GSS Infotech Ltd's stock price is currently at Rs. 27.32, reflecting a decrease of Rs. 0.44, or 1.59%. The stock has hit a new 52-week low of Rs. 26.25 today and has underperformed its sector by 0.79%. Over the past week, the stock has seen a significant decline of 17.31%, and its year-to-date performance shows a staggering drop of 55.57%. 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 is trading below all its moving averages, indicating a bearish trend. The falling investor participation, with a delivery volume that has decreased by 76.73% against the 5-day average, further underscores the lack of confidence among investors.
In the broader market context, GSS Infotech's performance has been notably poor compared to the benchmark, with a 1-year return of -66.04% against a slight decline of 1.98% for the Sensex. This consistent underperformance over the last three years highlights the company's weak long-term fundamental strength, as evidenced by an average return on equity of only 2.16%. The stock is considered risky due to negative EBITDA and has generated a return that is significantly lower than its historical valuations. Overall, the combination of operational losses, declining profitability, and a lack of investor interest has contributed to the stock's downward trajectory.