Why is Zenith Exports falling/rising?

As of 26-Jun, Zenith Exports Ltd is experiencing a decline in its stock price, currently at Rs 238.50, which represents a decrease of Rs 7.45 or 3.03%. The stock has underperformed its sector by 2.94% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 4.26% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The company has reported operating losses and a weak long-term fundamental strength, with a poor EBIT to Interest ratio of -2.78 and negative return on capital employed (ROCE). Furthermore, the stock's delivery volume has decreased significantly, falling by 30.7% against the 5-day average, which suggests declining investor participation.
In the broader market context, the stock has underperformed compared to the Sensex, which has gained 3.05% over the past week while Zenith Exports has dropped by 3.05%. This disparity highlights the stock's struggles in a generally positive market environment. The company's weak financial performance, characterized by a negative EBITDA and a significant decline in profits over the past year, further exacerbates its challenges. With the majority of shareholders being non-institutional and the stock trading at risky valuations compared to historical averages, these factors contribute to the overall negative sentiment surrounding Zenith Exports Ltd.