Why is GTL falling/rising?

As of 07-Nov, GTL Ltd's stock price is currently at 8.89, reflecting a decrease of 0.15, or 1.66%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 2.63% during this period. Additionally, GTL is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a drop of 29.88% compared to the 5-day average, suggesting a decline in investor participation. Overall, the stock has underperformed the sector by 2% today and has shown negative returns over the past week, month, year-to-date, and year, with a particularly steep decline of 28.65% year-to-date.
In the broader market context, GTL's recent performance contrasts sharply with the benchmark Sensex, which has gained 6.50% year-to-date. Over the past week, GTL has declined by 2.52%, while the Sensex has only fallen by 0.86%, highlighting the stock's relative weakness. This underperformance is further emphasized by the fact that GTL's returns over the past year and month are also negative, while the benchmark has posted positive returns. The lack of available positive factors in the dashboard suggests that there are no significant catalysts to support a rebound in the stock's price, contributing to the ongoing decline.