Why is Vikas Lifecare falling/rising?

As of 03-Sep, Vikas Lifecare Ltd's stock price is currently at 2.27, reflecting an increase of 0.02 or 0.89%. The stock has shown a consecutive gain over the last two days, rising by 1.79%. However, it has underperformed its sector by 0.37% today. Despite this recent uptick, the stock has experienced significant declines over longer periods, with a year-to-date drop of 46.34% and a staggering 53.29% decrease over the past year. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, indicated by a negative EBIT to Interest ratio of -0.77. Additionally, the stock has generated a low return on equity of 1.43%, highlighting its low profitability.
In the broader market context, Vikas Lifecare's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 3.11% year-to-date. The stock's short-term performance is relatively flat, with a 0.00% return over the past week compared to a slight decline of 0.27% in the benchmark. The stock's liquidity appears adequate, with a delivery volume increase of 69.95% against the five-day average, suggesting rising investor participation. However, the consistent underperformance against the benchmark over the last three years and the negative EBITDA further emphasize the stock's risky nature, making it a challenging investment despite the recent price increase.