Why is Medi Caps falling/rising?

As of 22-Sep, Medi Caps Ltd's stock price is currently at Rs 39.00, reflecting a decrease of Rs 0.75 or 1.89%. The stock has underperformed its sector by 0.81% today and is trading below all key moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.87% away from Rs 37.1. Over the past month, the stock has declined by 1.99%, and it has seen a significant drop of 20.00% year-to-date. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as evidenced by a negative EBIT to Interest ratio of -0.91. Furthermore, the stock has generated a return of -23.83% over the past year, signaling consistent underperformance against the benchmark.
In the broader market context, the Sensex has shown a positive return of 0.46% over the past week, contrasting with Medi Caps' stagnant performance. While the benchmark has gained 5.15% year-to-date, Medi Caps has struggled significantly, reflecting a broader trend of underperformance over the last three years. The company's negative financial results, including a drastic fall in PAT and net sales, coupled with a decline in investor participation, further contribute to the stock's downward movement. Overall, the combination of weak fundamentals and poor market performance has led to a negative sentiment surrounding Medi Caps Ltd.