Why is GVK Power Infra. falling/rising?

As of 10-Jul, GVK Power & Infrastructure Ltd's stock price is currently at 4.13, reflecting a slight increase of 0.01 (0.24%). The stock has shown a trend reversal, gaining after two consecutive days of decline. However, it remains below the 5-day, 20-day, and 200-day moving averages, indicating some weakness in the short-term trend. The stock has underperformed significantly over the past year, with a return of -61.18%, while the benchmark Sensex has increased by 4.09%. Additionally, the company faces challenges such as a negative book value, high debt levels, and poor long-term growth, with net sales declining at an annual rate of -26.91%. The recent negative financial results further exacerbate concerns, as net sales and profit before tax have seen drastic declines.
In the broader market context, while GVK Power & Infrastructure Ltd has gained 0.98% over the past week, the Sensex has remained relatively flat with a change of -0.06%. This indicates that the stock's recent performance is somewhat in line with the sector, despite its overall poor performance compared to the market over the last year. The falling investor participation, as evidenced by a significant drop in delivery volume, suggests that market sentiment may be cautious regarding the stock's future prospects. The lack of domestic mutual fund investment further highlights the perceived risks associated with the company, which may contribute to its volatile price movements.