Why is Zenith Exports falling/rising?

As of 02-Jul, Zenith Exports Ltd is experiencing a decline in its stock price, currently at Rs 237.75, which reflects a decrease of Rs 11.35 or 4.56%. The stock has underperformed its sector by 5.33% today, opening with a loss of 4.78% and reaching an intraday low of Rs 237.2. Over the past week, the stock has seen a significant drop of 10.23%, and its year-to-date performance shows a decline of 14.86%. The company has reported operating losses and has a weak long-term fundamental strength, indicated by a poor EBIT to Interest ratio of -2.78 and negative return on capital employed (ROCE). Additionally, the stock has generated a return of -40.28% over the past year, significantly underperforming the market, which has seen positive returns.
In the broader market context, while the Sensex has gained 0.79% over the past week and 6.75% year-to-date, Zenith Exports has struggled to keep pace, highlighting its weak performance relative to the benchmark. The stock's trading activity has been erratic, with it not trading on two days out of the last 20, and it is currently trading below all key moving averages. Despite a rise in delivery volume by 177.88% against the 5-day average, the overall sentiment remains negative due to the company's financial struggles and the significant losses reported. This combination of factors contributes to the stock's downward trajectory in the current market environment.