Why is Vikas Lifecare falling/rising?

As of 01-Sep, Vikas Lifecare Ltd is currently priced at 2.23, with no change in price (0.00%). The stock has underperformed the sector today by 2.54%, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.62%, and it has seen a significant drop of 54.40% over the past year. The company has reported operating losses, with a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.77. Additionally, the company has experienced a substantial decline in net sales and profit after tax, further contributing to its negative performance.
In the broader market context, the petrochemicals sector has gained by 2.41%, contrasting with Vikas Lifecare's continued decline. The stock has consistently underperformed against the benchmark, with a 47.28% drop year-to-date compared to a 2.85% gain in the Sensex. This consistent underperformance over the last three years, coupled with a negative EBITDA and a significant decline in profitability, indicates that Vikas Lifecare is facing considerable challenges in the market, leading to its current price stagnation.