Why is Zenith Exports falling/rising?

As of 23-Jul, Zenith Exports Ltd is experiencing a decline in its stock price, currently at Rs 238.55, which reflects a decrease of Rs 2.55 or 1.06%. The stock has underperformed its sector by 1.08% today and has reached an intraday low of Rs 233.05, marking a drop of 3.34%. Over the past week, the stock has decreased by 4.39%, and it has shown a significant decline of 24.21% over the past year. The company is facing operational challenges, including reported losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -2.78. Additionally, the stock is trading below all its moving averages, suggesting a bearish trend.
In the broader market context, while the Sensex has shown a slight increase of 0.11% over the past week, Zenith Exports has significantly lagged behind, with a year-to-date decline of 14.57% compared to the Sensex's gain of 5.87%. This stark contrast highlights the company's struggles, particularly as it has underperformed the market over the last year, generating negative returns while the broader market has seen positive growth. The rising investor participation, indicated by an increase in delivery volume, may suggest some interest, but the overall sentiment remains cautious due to the company's weak long-term fundamentals and negative EBITDA.