Why is GTL Infra. falling/rising?

As of 30-Jun, GTL Infrastructure Ltd is currently priced at 1.81, reflecting a decrease of 0.01 or 0.55%. The stock has been underperforming, having lost 3.72% over the last three days and is currently lower than its 200-day moving average, despite being higher than its 5, 20, 50, and 100-day moving averages. The stock has shown a strong performance over the past week and month, with returns of 6.47% and 20.67% respectively, but it has significantly underperformed over the year with a decline of 44.65%. 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 decline. Additionally, the fact that 100% of promoter shares are pledged adds further risk, especially in a falling market.
In the broader market context, while the Sensex has gained 2.09% over the past week and 2.65% over the past month, GTL Infrastructure's recent performance has been lackluster, particularly in comparison to the telecommunications equipment sector, which has risen by 2.48%. The stock's delivery volume has also decreased by 26.68% against the five-day average, indicating falling investor participation. Overall, the stock's negative returns over the past year, coupled with its weak financial fundamentals and high risk profile, have led to its current downward price movement.