Why is GVK Power Infra. falling/rising?

As of 23-Jul, GVK Power & Infrastructure Ltd's stock price is currently at 3.97, reflecting a decrease of 0.05, or 1.24%. The stock has underperformed its sector today by 1.62%, and its delivery volume has fallen by 9.65% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has decreased by 3.87%, and it has seen a significant year-to-date decline of 18.31%. The company is facing substantial challenges, including a negative book value and poor long-term growth, with net sales declining at an annual rate of 26.91%. Recent financial results have also been alarming, with net sales falling by 78.7% and a staggering drop in profit before tax by 8125.4% compared to previous quarters.
In the broader market context, while the Sensex has shown a slight increase of 0.11% over the past week, GVK Power & Infrastructure's performance has been notably weak, with a one-year return of -49.56% compared to the market's positive return of 2.86%. This stark contrast highlights the company's struggles and the lack of confidence from domestic mutual funds, which hold no stake in the company, possibly indicating discomfort with its current valuation and business outlook. Overall, the stock's persistent underperformance relative to the market and its own weak fundamentals contribute to its declining price.