Why is GTL Infra. falling/rising?

As of 04-Aug, GTL Infrastructure Ltd's stock price is currently at 1.54, reflecting an increase of 0.02 or 1.32%. The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally weak performance. Over the past week, the stock has underperformed the market with a return of -0.65% compared to the Sensex's gain of +0.16%. Additionally, the stock has a negative book value and a high debt-to-equity ratio, which raises concerns about its long-term fundamental strength. Despite high institutional holdings at 33.91%, which suggests some confidence from larger investors, the company has reported negative results, including a significant loss in profit after tax.
Broader Market Context: In the context of the broader market, GTL Infrastructure Ltd has significantly underperformed over the past year, with a return of -46.71% compared to the BSE500's decline of only -2.34%. This stark contrast highlights the stock's struggles relative to the overall market. While the stock has outperformed its sector by 0.5% today, the overall trend remains concerning due to falling investor participation and liquidity issues. The company's weak operating profit growth and high debt levels further contribute to a negative outlook, making it a risky investment compared to its historical valuations.