Why is Medi Caps falling/rising?

As of 12-Aug, Medi Caps Ltd is experiencing a decline in its stock price, currently at Rs 40.19, which reflects a decrease of Rs 1.46 or 3.51%. Today's price summary indicates that the stock underperformed its sector by 3.89%, with an intraday low of Rs 39.51, marking a drop of 5.14%. The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 94.2% compared to the 5-day average. The company's financial health is concerning, as it is facing operating losses, a weak ability to service its debt, and a negative EBITDA, which collectively contribute to its recent price decline.
In the broader market context, Medi Caps has underperformed the benchmark, with a 1-week return of -8.78% compared to the Sensex's -0.59%. Over the past year, the stock has generated a return of -16.36%, while the Sensex has increased by 0.74%. This consistent underperformance against the benchmark over the last three years, coupled with negative financial results, indicates a lack of investor confidence. The company's weak profitability, as evidenced by a low Return on Equity and significant declines in net sales and profit after tax, further exacerbates the situation, leading to a bearish outlook for the stock.