Why is GTT Data falling/rising?

As of 17-Sep, GTT Data Solutions Ltd's stock price is currently at Rs. 57.10, reflecting a decrease of Rs. 1.58, or 2.69%. The stock has recently hit a new 52-week low and has been on a downward trend, having fallen for the last four consecutive days, resulting in an overall decline of 8.01% during this period. The stock's performance over the past week shows a significant drop of 6.71%, and it has underperformed its sector by 3.34%. Additionally, the company's operating losses and weak long-term fundamental strength, evidenced by a negative EBITDA and a poor EBIT to interest ratio, contribute to the stock's decline. Despite achieving its highest quarterly net sales of Rs. 25.44 crore, the overall negative sentiment surrounding the stock, including a substantial drop in profits over the past year, has led to its current price movement.
In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date decline of 36.53% against the Sensex's increase of 5.83%. Over the past year, while the BSE500 index has recorded a negative return of 2.63%, GTT Data's stock has fared much worse with a return of -13.67%. This stark contrast highlights the stock's underperformance relative to the market, further exacerbating investor concerns. The combination of weak financial fundamentals and the stock's inability to keep pace with market movements has contributed to its current downward trajectory.