Why is GTL Infra. falling/rising?

As of 14-Aug, GTL Infrastructure Ltd's stock price is currently at 1.46, reflecting an increase of 0.01 or 0.69%. Despite this slight uptick today, the stock has shown a significant decline over the past week and month, with returns of -3.31% and -15.12%, respectively. The stock is trading below all its moving averages, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 67.79% compared to the 5-day average. Despite outperforming its sector by 2.45% today, the stock's long-term fundamentals are concerning, as it has a negative book value and a high debt-to-equity ratio, which contribute to its classification as a strong sell.
In the broader market context, GTL Infrastructure's performance has been poor relative to the benchmark, with a year-to-date return of -28.78% compared to the Sensex's gain of 3.15%. This underperformance is compounded by the company's weak financial health, as evidenced by declining operating profits and a high level of pledged promoter shares, which can exert additional downward pressure on the stock price. Overall, while there is some short-term positive movement, the long-term outlook remains bleak, and the stock continues to face significant challenges in a declining market environment.