Why is Vikas Lifecare falling/rising?

As of 04-Sep, Vikas Lifecare Ltd's stock price is currently at 2.27, showing no change (0.00%). The stock has experienced a mixed performance recently, with a 1-week increase of 1.79%, but a significant decline of 5.02% over the past month. Today's price summary indicates that the stock's performance is in line with its sector, and while it is higher than the 5-day moving averages, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Despite a rise in investor participation, with delivery volume increasing by 10.79% against the 5-day average, the company faces significant challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.77. Additionally, the company has reported negative net sales and profit after tax, contributing to its overall weak long-term fundamental strength.
In the broader market context, Vikas Lifecare has consistently underperformed against the benchmark, with a year-to-date decline of 46.34% compared to a 3.30% increase in the Sensex. The stock's performance over the last three years has been particularly poor, with a decline of 56.35% while the benchmark has risen by 37.27%. This consistent underperformance, coupled with negative EBITDA and a significant drop in profitability, suggests that the stock is viewed as risky by investors, further contributing to its lack of upward momentum in the market.