Why is GVK Power Infra. falling/rising?

As of 16-Jul, GVK Power & Infrastructure Ltd's stock price is currently at 4.13, reflecting a decrease of 0.06, or 1.43%. The stock has recently underperformed its sector by 1.71% and has experienced a trend reversal, falling after two consecutive days of gains. Over the past week, the stock has shown a slight increase of 0.24%, but it has significantly underperformed over the longer term, with a year-to-date decline of 15.02% and a staggering 57.16% drop over the past year. The company is facing challenges, including a negative book value and weak long-term fundamentals, as evidenced by a significant decline in net sales and operating profit over the last five years. Additionally, the stock's high debt levels and poor recent financial results, including a substantial loss in profit before tax, contribute to its negative outlook.
In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 5.75% year-to-date. The stock's recent underperformance is further highlighted by the fact that domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation or business prospects. Despite a rise in investor participation, as shown by an increase in delivery volume, the overall sentiment remains negative due to the company's financial instability and poor historical returns. This combination of factors has led to the stock's decline, as it continues to struggle against a backdrop of a recovering market.