Why is GTL falling/rising?

As of 16-Sep, GTL Ltd's stock price is currently at 9.26, reflecting a rise of 0.05 or 0.54%. The stock has shown a consecutive gain over the last two days, with a total return of 0.65% during this period. However, despite this recent uptick, GTL has underperformed in the longer term, with a year-to-date decline of 25.68% and a one-year return of -34.09%. The company is facing significant challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Additionally, the stock's performance has been hindered by poor sales growth and a substantial percentage of promoter shares being pledged, which adds to the risk and downward pressure on the stock price.
In the broader market context, GTL's recent performance contrasts with the Sensex, which has risen by 1.58% over the past week. While GTL has outperformed its sector by 0.41% today, the stock's short-term gains are overshadowed by its long-term struggles, as evidenced by its negative returns over the past year and three years compared to the benchmark. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive movement, while GTL's liquidity remains adequate for trading, suggesting some investor interest despite the underlying risks associated with the company's financial health.