Why is GSS Infotech falling/rising?

As of 22-Sep, GSS Infotech Ltd's stock price is currently at Rs 26.97, reflecting a decrease of Rs 0.57 or 2.07%. The stock has been on a downward trend, having fallen for the last three days, resulting in a total decline of 2.99% during this period. It is also trading below its moving averages across various time frames, indicating weak momentum. The stock is close to its 52-week low, just 2.67% away from Rs 26.25. Over the past week, GSS Infotech has underperformed significantly, with a decline of 1.75%, while the Sensex has gained 0.46%. The company has reported negative results for the last three consecutive quarters, with a return on equity of only 2.16%, highlighting its low profitability and weak long-term fundamentals.
In the broader market context, GSS Infotech's performance has been notably poor compared to the benchmark indices. The stock has experienced a year-to-date decline of 56.14%, while the Sensex has increased by 5.15% during the same period. This consistent underperformance is further emphasized by the company's negative EBITDA and a significant drop in net sales, which fell by 19.16%. Additionally, there has been a decrease in investor participation, with delivery volumes declining by 15.79% against the five-day average. Overall, the combination of operational losses, weak financial metrics, and negative market sentiment contributes to the stock's downward trajectory.