Why is GTL Infra. falling/rising?

As of 26-Jun, GTL Infrastructure Ltd is experiencing a decline in its stock price, currently at 1.86, which reflects a decrease of 0.02 or 1.06%. The stock has underperformed its sector by 0.85% today and has shown a trend reversal after three consecutive days of gains. Despite a strong performance over the past month with a return of 26.53%, the stock has a negative year-to-date return of -9.27% and has significantly underperformed over the last year with a decline of -37.58%. The company is facing challenges such as a negative book value, high debt levels with a debt-to-equity ratio of 75.32 times, and poor long-term growth, which have contributed to its recent price movement.
In the broader market context, while the Sensex has shown a positive return of 2.94% over the past week, GTL Infrastructure's performance has been notably weaker, indicating a lack of investor confidence. The stock's liquidity is sufficient for trading, but the high percentage of pledged promoter shares adds to the risk, especially in a falling market. The company's negative quarterly results, including a significant drop in profit after tax and a low operating profit to interest ratio, further exacerbate the situation, leading to a cautious outlook among investors.