Why is GTL falling/rising?

As of 17-Sep, GTL Ltd's stock price is currently at 9.41, reflecting an increase of 0.15 or 1.62%. The stock has shown a positive trend recently, gaining for the last three days with a total return of 2.28% during this period. It has outperformed its sector by 2.3% today, and the delivery volume has increased by 26.5% compared to the five-day average, indicating rising investor participation. However, despite these short-term gains, the stock has a negative long-term outlook due to a weak fundamental strength characterized by a negative book value, poor growth in net sales, and a high debt-to-equity ratio. The company has also reported a significant decline in profits and net sales in recent quarters, which raises concerns about its sustainability.
In the broader market context, GTL's short-term performance of 0.97% over the past week is slightly below the Sensex's return of 1.56%. While the stock has shown some resilience in the short term, it has significantly underperformed over the longer term, with a year-to-date decline of 24.48% compared to the Sensex's gain of 5.83%. This underperformance, coupled with the high percentage of pledged promoter shares, adds to the stock's risk profile, suggesting that while there may be short-term upward movements, the overall outlook remains precarious.