Why is GSS Infotech falling/rising?

As of 29-Sep, GSS Infotech Ltd's stock price is currently at Rs 25.10, reflecting a decrease of Rs 0.82 or 3.16%. The stock has hit a new 52-week low of Rs 24.65 today and has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 7.35% during this period. The company has reported negative financial performance, with operating losses and a return on equity averaging only 2.16%, indicating low profitability. Additionally, the company has declared negative results for the last three consecutive quarters, with net sales and profit after tax both declining by 23.77%. This consistent underperformance against the benchmark, with a staggering 64.26% drop in returns over the past year, further exacerbates investor concerns.
In the broader market context, GSS Infotech's short-term performance has significantly lagged behind the benchmark, with a 1-week decline of 6.93% compared to the Sensex's 2.18% drop. This stark contrast highlights the stock's ongoing struggles, especially as it trades below all key moving averages, indicating a bearish trend. While there has been a rise in investor participation, as evidenced by a 65.76% increase in delivery volume, the overall sentiment remains negative due to the company's weak long-term fundamentals and risky trading conditions. The stock's liquidity is sufficient for trading, but the prevailing operating losses and negative EBITDA suggest that investors are cautious, leading to the stock's continued decline.