Why is GTT Data falling/rising?

As of 01-Aug, GTT Data Solutions Ltd's stock price is currently at 72.00, reflecting an increase of 2.23 or 3.2%. The stock has shown a strong performance today, having outperformed its sector by 4.8% and marking its third consecutive day of gains with a total return of 13.56% over this period. It opened with a gain of 3.77% and reached an intraday high of Rs 73, indicating positive momentum. Despite a decline of 7.69% over the past month and a year-to-date drop of 19.97%, the stock has generated a remarkable 58.38% return over the last year, outperforming the BSE500 in each of the last three annual periods. However, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a negative EBIT to interest ratio and a concerning decline in operating profit.
In the broader market context, GTT Data Solutions Ltd's short-term performance contrasts sharply with the Sensex, which has declined by 1.06% over the past week. While the stock has gained 7.70% in the same timeframe, the overall market sentiment appears to be weak, as indicated by the Sensex's 3.70% drop over the last month. This divergence suggests that GTT's recent gains may be driven by specific investor interest or positive sentiment surrounding the stock, despite the underlying financial challenges it faces. The stock's liquidity remains adequate for trading, but the risks associated with its negative EBITDA and poor long-term growth prospects could temper investor enthusiasm moving forward.