Why is GTL Infra. falling/rising?

As of 28-Aug, GTL Infrastructure Ltd's stock price is currently at 1.49, reflecting a decrease of 0.01 or 0.67%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a 3.25% decline over the past week. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown poor performance with a staggering 27.32% drop year-to-date and a 45.22% decline over the past year. Key negative factors include a negative book value, a high debt-to-equity ratio of 75.32 times, and a significant drop in operating profit over the last five years. Additionally, 100% of promoter shares are pledged, which adds further downward pressure on the stock in a declining market.
In the broader market context, GTL Infrastructure's recent performance has been worse than the benchmark, with a 3.25% decline over the past week compared to a 2.34% drop in the Sensex. The telecommunications equipment sector has also faced challenges, falling by 2.18%. The stock's liquidity appears adequate, but a decrease in delivery volume indicates falling investor participation, which may contribute to the stock's decline. Overall, the combination of weak fundamentals, high debt, and poor market sentiment has led to the stock's recent downward movement.