Why is GVP Infotech falling/rising?

As of 01-Jul, GVP Infotech Ltd's stock price is currently at 10.61, reflecting a decline of 0.69, or 6.11%. The stock has underperformed its sector by 5.61% today, despite showing higher performance than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. In the past week, the stock has increased by 5.47%, and over the past month, it has risen by 6.85%. However, the company has reported significant operating losses, with a negative EBITDA and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of 0.23. The stock has also underperformed over the past year, generating a return of -21.93% compared to the benchmark's positive return of 5.80%.
In the broader market context, while the Sensex has shown a gain of 1.99% over the past week, GVP Infotech's recent performance indicates a struggle to keep pace with market trends. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest. However, the company's weak long-term fundamentals, highlighted by low profitability and negative financial results, contribute to its current downward price movement. Overall, the combination of poor financial performance and underwhelming returns relative to the market has led to a decline in investor confidence, resulting in the stock's current downward trajectory.