Why is GVK Power Infra. falling/rising?

As of 25-Jul, GVK Power & Infrastructure Ltd is experiencing a price increase, currently at 3.93, reflecting a change of 0.03 or 0.77% upward. The stock has shown a trend reversal by gaining after seven consecutive days of decline and has outperformed its sector by 3.11%. However, despite this short-term gain, the stock has underperformed significantly over longer periods, with a year-to-date decline of 19.14% and a staggering 44.73% drop over the past year. The company is facing challenges such as a negative book value, weak long-term growth, and high debt levels, which contribute to its classification as a strong sell. Recent negative financial results, including a substantial fall in profit before tax and profit after tax, further exacerbate concerns about the company's viability.
In the broader market context, while the stock has shown a slight improvement today, it has still underperformed against the benchmark, the Sensex, which has gained 4.25% year-to-date. The power generation and distribution sector has also seen a decline of 2.38%, indicating a challenging environment for companies within this space. The stock's liquidity appears adequate for trading, but the lack of domestic mutual fund investment suggests a lack of confidence in the company's prospects. Overall, despite today's positive movement, the stock's long-term outlook remains precarious due to its fundamental weaknesses and significant historical underperformance compared to the market.