Why is Themis Medicare falling/rising?

As of 08-Oct, Themis Medicare Ltd is experiencing a decline in its stock price, currently at Rs 123.90, which reflects a decrease of Rs 5.55 or 4.29%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in an overall drop of 8.02% during this period. Today's trading activity indicates that the stock touched an intraday low of Rs 123 and has seen a significant decrease in delivery volume, down by 39.53% compared to the five-day average. Additionally, the stock's performance over the past week shows a decline of 7.54%, while its year-to-date performance is down by 52.92%. The company's negative financial results, including a drastic fall in operating profit and a poor long-term growth outlook, contribute to the stock's current downward trend.
In the broader market context, Themis Medicare's recent performance contrasts sharply with the Sensex, which has gained 0.98% over the past week. This underperformance is further highlighted by the stock's negative returns over the last year, which stand at -53.61%, compared to the Sensex's modest increase of 4.65% during the same period. The lack of confidence from domestic mutual funds, which hold no stake in the company, suggests a broader skepticism regarding its future prospects. Overall, the combination of poor financial results, declining investor participation, and significant underperformance relative to the benchmark indicates a challenging environment for Themis Medicare Ltd.