Why is Vikas Lifecare falling/rising?

As of 23-Sep, Vikas Lifecare Ltd's stock price is currently at 2.24, reflecting a decrease of 0.03 or 1.32%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.27% during this period. Additionally, the stock has shown poor performance over various time frames, with a year-to-date decline of 47.04% and a one-year return of -49.32%. The company is facing significant challenges, including operating losses and a weak ability to service its debt, as indicated by a negative EBIT to Interest ratio of -0.77. Furthermore, the recent financial results revealed a substantial drop in net sales and profit after tax, which has contributed to the stock's negative sentiment among investors.
In the broader market context, Vikas Lifecare's short-term performance has been notably worse than the benchmark, with a one-week return of -0.88% compared to the Sensex's -0.34%. This underperformance is compounded by the company's weak long-term fundamentals and negative EBITDA, which suggest that the stock is trading at risky valuations. Despite a rise in delivery volume, indicating some investor interest, the overall outlook remains bleak due to the company's inability to generate significant returns and its historical underperformance relative to the broader market.