Why is Themis Medicare falling/rising?

As of 17-Nov, Themis Medicare Ltd is experiencing a decline in its stock price, currently at 116.15, which reflects a decrease of 0.7 or 0.6%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 5.45% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock has also underperformed its sector by 0.88% today, and its year-to-date performance shows a staggering drop of 55.86%. The company's financial health is concerning, with a significant decline in net sales of 20.08% and negative results reported for the last four consecutive quarters, leading to a negative EBITDA and a low return on capital employed.
In the broader market context, Themis Medicare's performance has been notably poor compared to the benchmark, as it has generated a return of -58.07% over the past year while the Sensex has increased by 9.50%. This stark contrast highlights the stock's struggle to attract investor confidence, as evidenced by a significant drop in delivery volume, which has decreased by 41.66% against the five-day average. Furthermore, the lack of investment from domestic mutual funds, holding 0% of the company, suggests a lack of comfort with the stock's valuation and business prospects. Overall, the combination of negative financial results, poor market performance, and declining investor participation contributes to the stock's downward trajectory.