Why is GTL Infra. falling/rising?

As of 10-Sep, GTL Infrastructure Ltd's stock price is currently at 1.50, reflecting a decrease of 0.01, or 0.66%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 1.96% in this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock has generated a return of -39.76% over the past year, significantly underperforming the benchmark Sensex, which has seen a slight decline of 0.61%. The company is facing challenges such as a negative book value, high debt levels, and poor long-term growth, with operating profit declining at an annual rate of -35.45% over the last five years. Furthermore, 100% of promoter shares are pledged, which adds to the downward pressure on the stock price in a falling market.
In the broader market context, GTL Infrastructure's short-term performance has been notably weaker than the Sensex, which has gained 1.06% over the past week while GTL has lost 0.66%. This underperformance is compounded by the company's weak fundamentals and high debt-to-equity ratio, which stands at 75.32 times, indicating financial instability. The stock's liquidity is relatively adequate, but the overall sentiment remains negative due to the company's poor financial results and the risks associated with its pledged shares. The combination of these factors contributes to the stock's declining price trend amidst a generally stable market environment.