Why is GTL Infra. falling/rising?

As of 03-Jul, GTL Infrastructure Ltd is currently priced at 1.84, reflecting an increase of 0.03 or 1.66%. Today's price summary indicates that the stock has outperformed its sector by 1.2%, although it is trading higher than the 20-day, 50-day, and 100-day moving averages, while being lower than the 5-day and 200-day moving averages. Despite this positive movement, the stock has shown a negative return of -1.08% over the past week and a significant decline of -51.32% over the past year. The company's weak long-term fundamentals, highlighted by a negative book value and high debt-to-equity ratio, contribute to its risky profile. Additionally, the recent negative quarterly results, including a substantial loss in profit after tax and a low operating profit to interest ratio, further exacerbate concerns about the stock's performance.
In the broader market context, while the Sensex has experienced a modest decline of -0.62% over the past week, GTL Infrastructure's performance has been notably worse, indicating a significant underperformance relative to the benchmark. The stock's year-to-date return is -10.24%, contrasting sharply with the Sensex's gain of 6.53%. This underperformance is compounded by the fact that 100% of promoter shares are pledged, which can exert additional downward pressure in a falling market. Overall, while there are short-term gains, the long-term outlook remains bleak due to fundamental weaknesses and market conditions.