Why is GTL falling/rising?

As of 09-Sep, GTL Ltd's stock price is currently at 9.31, reflecting a slight increase of 0.01 or 0.11%. Despite this minor uptick, the stock has underperformed its sector by 0.26% today. The stock's performance over the past week shows a gain of 1.75%, and it has risen by 2.42% over the past month. However, the longer-term outlook is concerning, with a year-to-date decline of 25.28% and a one-year drop of 30.11%. Key negative factors contributing to this decline include a negative book value, weak long-term growth, and a high debt-to-equity ratio. Additionally, the company has shown poor financial performance, with a significant drop in profit after tax and net sales, which has led to a perception of risk among investors.
Broader market context indicates that while the benchmark Sensex has gained 1.18% over the past week and 1.56% over the past month, GTL's performance has lagged behind, particularly in the last year where it has significantly underperformed the market's negative return of -0.56%. The stock's liquidity remains adequate for trading, but a notable decline in investor participation, with delivery volume falling by 38.69% against the five-day average, suggests waning interest. The high percentage of pledged promoter shares further exacerbates the stock's risk profile, potentially putting additional downward pressure on its price in a falling market.