Why is GTT Data falling/rising?

As of 04-September, GTT Data Solutions Ltd is experiencing a decline in its stock price, currently at Rs 63.11, which reflects a decrease of Rs 1.69 or 2.61%. The stock has been underperforming, having lost 5.59% over the last three days and is trading below its moving averages across various time frames. Additionally, the stock has shown a significant drop of 29.85% year-to-date, despite a strong performance over the past year with a gain of 33.91%. The stock's trading activity indicates a wide intraday range, with a high of Rs 68 and a low of Rs 61.59, suggesting volatility, but overall, the weighted average price indicates more volume traded closer to the lower end of this range.
In the broader market context, GTT Data's short-term performance has been notably weaker compared to the Sensex, which has gained 0.80% over the past week while GTT Data has declined by 0.61%. This underperformance is further highlighted by the stock's year-to-date return of -29.85% against the Sensex's positive return of 3.30%. The recent consecutive falls and the stock's trading below its moving averages may indicate a lack of investor confidence, contributing to its downward trajectory amidst a generally stable market environment.