Why is GTL Infra. falling/rising?

As of 15-Sep, GTL Infrastructure Ltd's stock price is currently at 1.51, reflecting an increase of 0.01 or 0.67%. Today's price summary indicates that the stock's performance is in line with its sector, although it is higher than the 20-day moving averages but lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Despite a recent increase, the stock has shown a negative return of -0.66% over the past week, while it has gained 3.42% over the past month. However, the company faces significant challenges, including a negative book value, high debt with a debt-to-equity ratio averaging 75.32 times, and poor long-term growth, as evidenced by an annual operating profit decline of -35.45% over the last five years. The stock's performance has been further hindered by flat results in June, with a loss of Rs -237.52 crore in profit before tax and Rs -232.42 crore in profit after tax, both falling compared to previous quarters.
In the broader market context, the stock's short-term performance has underperformed the benchmark Sensex, which has gained 1.24% over the past week and 1.47% over the past month. The stock's long-term performance is also concerning, with a year-to-date return of -26.34% compared to the Sensex's 4.67% gain. The high percentage of pledged promoter shares adds to the stock's risk, particularly in a declining market, which could exert additional downward pressure on its price. Overall, while there is a slight uptick in the stock price, the underlying financial weaknesses and poor performance relative to the market suggest a challenging outlook for GTL Infrastructure Ltd.