Why is GTL Infra. falling/rising?

As of 02-Jul, GTL Infrastructure Ltd's stock price is currently at 1.81, reflecting a decrease of 0.01 or 0.55%. The stock has underperformed its sector today by 0.69%, and while it is trading higher than the 20-day, 50-day, and 100-day moving averages, it is lower than the 5-day and 200-day moving averages. The stock has seen a significant decline in delivery volume, dropping by 40.2% against the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 3.72%, and its year-to-date performance shows a decline of 11.71%. The company is facing challenges such as a negative book value, high debt levels, and poor long-term growth, which contribute to its weak fundamental strength and have resulted in a substantial 49.72% decline over the past year.
In the broader market context, the benchmark Sensex has increased by 0.79% over the past week, contrasting sharply with GTL Infrastructure's recent performance. The stock's significant underperformance relative to the market, which has generated a return of 3.11% over the last year, highlights its struggles. The company's negative results, including a substantial loss in profit after tax and a high debt-to-equity ratio, further exacerbate its risk profile. Additionally, the fact that 100% of promoter shares are pledged adds downward pressure on the stock price, particularly in a declining market. Overall, these factors indicate that GTL Infrastructure Ltd is facing considerable headwinds, leading to its current price decline.