Why is GSS Infotech falling/rising?

As of 24-Sep, GSS Infotech Ltd is experiencing a decline in its stock price, currently at Rs 26.90, reflecting a decrease of 0.19 or 0.7%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.42% away from Rs 26.25. The company has reported negative results for the last three consecutive quarters, with net sales and profit after tax both declining by 23.77%. Furthermore, the stock has generated a staggering return of -64.34% over the past year, significantly underperforming against the benchmark indices, which have shown a decline of only 3.77% in the same period.
In the broader market context, GSS Infotech's short-term performance has been notably poor, with a 1-week return of -3.24%, while the Sensex has only decreased by 1.18%. This consistent underperformance against the benchmark over the last three years, coupled with an operating loss and a low return on equity of 2.16%, suggests weak long-term fundamental strength. The falling investor participation, with a delivery volume drop of 72.11% against the 5-day average, further exacerbates the stock's declining momentum. Overall, these factors contribute to a negative outlook for GSS Infotech, reinforcing its classification as a strong sell.