Why is Vikas Lifecare falling/rising?

As of 29-Aug, Vikas Lifecare Ltd is currently priced at 2.23, showing no change (0.00%). The stock has been trading lower than its moving averages across various periods, indicating a bearish trend. In the past week, the stock has decreased by 3.46%, and over the last month, it has fallen by 8.23%. The company has reported significant operating losses, with a weak ability to service its debt, reflected in a poor EBIT to Interest ratio of -0.77. Additionally, the stock has generated a return of -54.49% over the past year, underperforming against the benchmark indices consistently. Despite a rise in investor participation, the overall financial health of the company remains concerning, with negative EBITDA and a significant decline in net sales and profit after tax.
In the broader market context, Vikas Lifecare's performance has been notably worse than the benchmark, with the Sensex showing a decline of only 1.84% over the past week and 1.88% over the past month. The stock's consistent underperformance against the benchmark over the last three years, coupled with a staggering 89.14% decline over five years, highlights its struggle in a generally improving market. The liquidity of the stock is adequate for trading, but the overall sentiment remains negative due to the company's weak long-term fundamentals and significant losses, making it a risky investment compared to its historical valuations.