Why is GTL Infra. falling/rising?

As of 23-Jul, GTL Infrastructure Ltd's stock price is currently at 1.63, reflecting an increase of 0.01 or 0.62%. Despite this slight uptick, the stock has underperformed its sector by 1.1% today and has experienced a trend reversal after three consecutive days of decline. Over the past week, the stock has dropped by 6.32%, and its year-to-date performance shows a significant decline of 20.49%. The company is facing challenges, including a negative book value and a high debt-to-equity ratio, which contribute to its weak long-term fundamental strength. Additionally, the stock's operating profit has only grown at an annual rate of 15.83% over the last five years, and it has reported a substantial loss in its latest quarterly results, further indicating financial instability.
In the broader market context, the Sensex has shown a slight increase of 0.11% over the past week, contrasting with GTL Infrastructure's significant decline. The stock's performance has been notably poor over the last year, with a return of -43.60%, while the broader market has generated a positive return of 2.86%. This underperformance, coupled with the fact that 100% of promoter shares are pledged, adds additional downward pressure on the stock price, especially in a falling market. The liquidity of the stock remains adequate for trading, but the overall negative sentiment surrounding its financial health and performance relative to the benchmark indicates a challenging environment for GTL Infrastructure Ltd.