Why is GTL Infra. falling/rising?

As of 29-Jul, GTL Infrastructure Ltd's stock price is currently at 1.60, reflecting an increase of 0.05 or 3.23%. The stock has shown a trend reversal by gaining after three consecutive days of decline. Despite this positive movement today, the stock has underperformed in the short term, with a one-week return of -1.23% compared to the Sensex's -1.03%. Additionally, the stock's performance over the past month has been notably poor, with a decline of 12.09%, while the year-to-date return stands at -21.95%. The stock's high institutional holdings at 33.91% suggest that these investors may have a better understanding of the company's fundamentals, yet the company's negative book value and weak long-term growth prospects, including a high debt-to-equity ratio, raise concerns about its stability.
Broader market context indicates that while the stock has outperformed its sector today by 1.42%, it has significantly lagged behind the broader market over the past year, with a return of -46.67% compared to the BSE500's -2.26%. The stock's liquidity remains adequate for trading, but a notable decline in delivery volume by 19.38% against the five-day average suggests a decrease in investor participation. Overall, despite today's rise, the underlying issues such as high debt and negative earnings indicate a challenging environment for GTL Infrastructure Ltd, contributing to its overall weak performance in the market.