Why is GTL Infra. falling/rising?

As of 04-Jul, GTL Infrastructure Ltd's stock price is currently at 1.81, reflecting a decrease of 0.03 or 1.63%. The stock has underperformed its sector today by 1.39%, despite showing higher performance than its 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has decreased by 0.55%, while it has seen a significant increase of 20.67% over the past month. However, the company faces challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. The recent negative profit after tax and the fact that 100% of promoter shares are pledged further exacerbate the stock's risk profile, leading to its current downward movement.
In the broader market context, the Sensex has decreased by 0.74% over the past week, indicating that the stock's short-term decline is somewhat in line with market trends. However, GTL Infrastructure's one-year performance is starkly negative at -54.29%, contrasting sharply with the BSE500's positive return of 2.13% over the same period. This significant underperformance highlights the stock's struggles relative to the market, suggesting that investor sentiment remains cautious due to the company's financial instability and the risks associated with its pledged shares.