Why is GTN Industries falling/rising?

As of 17-Sep, GTN Industries Ltd is experiencing a decline in its stock price, currently at Rs. 24.35, reflecting a decrease of 0.04 or 0.16%. The stock has hit a new 52-week low of Rs. 22.6 today and has underperformed its sector by 1.17%. Over the past week, the stock has decreased by 0.86%, while it has shown a modest increase of 3.84% over the past month. However, the company has faced significant challenges, including operating losses and a high debt-to-EBITDA ratio of 5.02 times, which indicates a weak long-term fundamental strength. The recent quarterly results have also been disappointing, with net sales falling by 10.5% and a negative EBITDA, contributing to a year-to-date decline of 31.70% and a staggering 68.66% drop over the past three years.
In the broader market context, the Sensex has increased by 1.56% over the past week and 2.60% over the past month, contrasting sharply with GTN Industries' recent performance. The stock's consistent underperformance against the benchmark is evident, as it has generated negative returns in each of the last three annual periods, including a 32.36% decline over the last year. This underperformance, coupled with the company's financial struggles and negative investor sentiment, has led to a lack of confidence in the stock, contributing to its current downward trajectory.