Why is GTN Industries falling/rising?

As of 01-Sep, GTN Industries Ltd is experiencing a decline in its stock price, currently at Rs 23.12, reflecting a decrease of Rs 0.64 or 2.69%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 7.52% in this period. It is also trading close to its 52-week low, just 0.52% away, and is below all key moving averages, indicating a bearish trend. The company has reported significant operating losses, with a high Debt to EBITDA ratio of 5.02 times, and negative results in its latest quarterly report, including a 10.5% decline in net sales. Over the past year, the stock has generated a return of -35.76%, while profits have plummeted by 99.7%, contributing to its weak long-term fundamental strength.
In the broader market context, GTN Industries has underperformed the benchmark, with a 1-week return of -7.56% compared to the Sensex's -1.56%. This consistent underperformance against the benchmark over the last three years highlights the company's struggles, as it has generated negative returns while the broader market has shown positive growth. The stock's liquidity appears sufficient for trading, but the overall sentiment remains negative due to the company's financial difficulties and lack of investor confidence, further exacerbating its decline in price.