Why is GTL falling/rising?

As of 10-Sep, GTL Ltd's current price is 9.32, reflecting a slight increase of 0.01 (0.11%). The stock has been gaining for the last two days, with a total return of 0.22% during this period. However, it has underperformed its sector by 0.69% today and has a delivery volume that has decreased by 25.75% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has risen by 0.76%, but it has significantly underperformed in the longer term, with a year-to-date decline of 25.20% and a one-year drop of 32.95%. The company's weak long-term fundamentals, highlighted by a negative book value and high debt levels, contribute to its risky profile, further impacting investor sentiment.
In the broader market context, the Sensex has shown a positive return of 1.06% over the past week, while GTL's performance has lagged behind with a 0.76% increase. This underperformance is evident as the stock has not only fallen more sharply than the market over the past year but also has a negative growth trajectory in key financial metrics, such as net sales and operating profit. The high percentage of pledged promoter shares adds additional downward pressure on the stock, particularly in a declining market. Overall, while there is a minor uptick in the stock price recently, the underlying financial weaknesses and market conditions suggest a challenging environment for GTL Ltd.