Why is Vikas Lifecare falling/rising?

As of 02-Sep, Vikas Lifecare Ltd's stock price is currently at 2.25, reflecting an increase of 0.02 or 0.9%. Despite this slight uptick, the stock has shown a significant decline over the longer term, with a year-to-date drop of 46.81% and a one-year return of -53.99%. Today's performance indicates that the stock has outperformed its sector by 0.76%, and there has been a notable increase in investor participation, with delivery volume rising by 79.17% compared to the five-day average. However, the stock is trading below all its moving averages, indicating a bearish trend. The company is facing operating losses and has a weak long-term fundamental strength, with a poor EBIT to Interest ratio of -0.77 and a low return on equity of 1.43%. Negative financial results, including a 23% drop in net sales and a 56.2% decline in profit after tax, further contribute to the stock's struggles.
In the broader market context, Vikas Lifecare's short-term performance of -0.88% over the past week is slightly worse than the benchmark Sensex, which has declined by 0.78%. Over the past month, the stock has also underperformed the benchmark, with a decline of 5.86% compared to the Sensex's 0.55% drop. This consistent underperformance against the benchmark over the last three years, coupled with a significant decline in profitability and negative EBITDA, positions Vikas Lifecare as a risky investment. The stock's liquidity is adequate for trading, but the overall financial health and historical performance suggest a challenging outlook.