Why is GTPL Hathway falling/rising?

As of 15-Sep, GTPL Hathway Ltd. is experiencing a decline in its stock price, currently at 114.40, which reflects a decrease of 0.6 or 0.52%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has underperformed with a return of -1.17%, while the Sensex has gained 1.24%. Additionally, despite a high dividend yield of 3.48%, the company has faced significant challenges, including a 33.20% decline in stock value over the past year and a 48.1% drop in profits. The company has also reported negative results for the last five consecutive quarters, which has contributed to a poor long-term growth outlook.
In the broader market context, GTPL Hathway's performance has consistently lagged behind the benchmark indices, with a notable underperformance against the BSE500 over the last three years. While the Sensex has shown a positive return of 4.67% year-to-date, GTPL Hathway's year-to-date return is a stark -16.47%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further exacerbating its stock price decline. Overall, the combination of poor financial performance, negative investor sentiment, and underwhelming market returns has led to the stock's current downward trajectory.