Why is GSS Infotech falling/rising?

As of 18-Nov, GSS Infotech Ltd is experiencing a decline in its stock price, currently at Rs. 20.35, which reflects a decrease of Rs. 1.65 or 7.5%. The stock has hit a new 52-week low of Rs. 19.65 today, indicating significant downward pressure. It has underperformed its sector by 6.53% and has shown high volatility with an intraday fluctuation of 7.09%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. Over the past week, the stock has dropped by 7.92%, and its year-to-date performance shows a staggering decline of 66.91%, highlighting ongoing challenges for the company.
In the broader market context, while the Sensex has increased by 0.96% over the past week, GSS Infotech's performance starkly contrasts this positive trend. The stock's significant underperformance relative to the benchmark indicates that investor sentiment is weak, despite a notable rise in delivery volume, which increased by 266.35% on November 17. This suggests that while some investors are participating, the overall market perception remains negative, contributing to the stock's continued decline. The lack of available positive factors further emphasizes the challenges faced by GSS Infotech in the current market environment.