Why is GTL falling/rising?

As of 12-Sep, GTL Ltd's stock price is currently at 9.20, showing no change (0.00%). The stock has underperformed its sector by 1.99% today, and it is trading lower than its moving averages across all time frames from 5 days to 200 days. Over the past week, the stock has declined by 3.16%, while it has gained 0.88% over the past month. However, the year-to-date performance is significantly negative, with a drop of 26.16%. The company is facing challenges such as a negative book value, high debt levels, and poor long-term growth, with net sales growing at only 1.13% annually over the last five years. Additionally, the latest financial results indicate a substantial decline in profit after tax and net sales, contributing to the stock's weak performance.
In the broader market context, the Sensex has increased by 1.48% over the past week, contrasting with GTL's decline, which highlights the stock's underperformance relative to the market. The telecommunications equipment sector has gained by 2.07%, further emphasizing GTL's struggles. The stock's negative returns over the past year (-35.62%) and the high percentage of pledged promoter shares (97.86%) add to the downward pressure on its price. Overall, GTL's weak fundamentals, poor recent performance, and unfavorable market conditions are contributing to its current price stagnation.