Why is GTL Infra. falling/rising?

As of 02-Sep, GTL Infrastructure Ltd is currently priced at 1.49, reflecting an increase of 0.01 or 0.68%. Despite this slight uptick, the stock has shown a negative performance over the past week, down by 0.67%, and has significantly underperformed over the past month and year, with declines of 2.61% and 42.91%, respectively. Today's price summary indicates that while the stock outperformed its sector by 1.52%, it is trading below its moving averages across various time frames, suggesting a bearish trend. The company faces challenges such as a negative book value, high debt levels, and poor long-term growth, which have contributed to its weak fundamental strength and overall riskiness.
Broader market context shows that while GTL Infrastructure has outperformed the Sensex by a small margin today, its long-term performance has been lackluster compared to the benchmark. The Sensex has gained 2.58% year-to-date, contrasting sharply with GTL's decline of 27.32% in the same period. The stock's high debt-to-equity ratio and the fact that 100% of promoter shares are pledged add to the downward pressure, especially in a falling market. Overall, the combination of weak fundamentals, poor historical performance, and high risk factors continues to overshadow any short-term gains in stock price.