Why is GTPL Hathway falling/rising?

As of 24-Jun, GTPL Hathway Ltd. is currently priced at 115.55, reflecting a decrease of 0.4 (-0.34%). The stock has been underperforming recently, having fallen for the last three days and showing a cumulative decline of -7.37% during this period. Despite a positive performance over the past month with a return of +5.14%, the stock has significantly underperformed over the longer term, with a year-to-date decline of -15.63% and a one-year drop of -33.25%. The company has a high dividend yield of 3.5%, but it has also reported negative results for the last four consecutive quarters, with profits down by -55.1%. This combination of factors, including a low Debt to Equity ratio and attractive valuation metrics, contrasts sharply with its poor long-term growth prospects, contributing to the stock's recent decline.
In the broader market context, GTPL Hathway's short-term performance has lagged behind the benchmark, as it has declined by -0.82% over the past week while the Sensex has gained +0.58%. This underperformance is indicative of investor sentiment, particularly as domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its future prospects. The stock's recent price movement, alongside its negative financial results and poor growth trajectory, reflects a challenging environment that has led to its current downward trend.