Why is GVK Power Infra. falling/rising?

As of 18-Aug, GVK Power & Infrastructure Ltd is experiencing a decline in its stock price, currently at 3.62, which reflects a decrease of 0.01 or 0.28%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.16%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, despite a recent increase in delivery volume by 35.41%, the stock's long-term fundamentals are weak, highlighted by a negative book value and a significant drop in net sales by 59.8% in the last quarter. Institutional investors have increased their stake, which may suggest some confidence, but the overall performance remains concerning due to the company's high debt and consistent underperformance against benchmarks.
In the broader market context, GVK Power & Infrastructure Ltd's short-term performance over the past week shows a return of +1.12%, which is better than the Sensex's +0.83%. However, the stock has significantly underperformed over longer periods, with a year-to-date decline of 25.51% compared to the Sensex's gain of 4.01%. This consistent underperformance over the last three years, coupled with the company's poor financial health, contributes to a negative outlook, making it a risky investment choice despite some recent increases in institutional participation.