Why is Zenith Exports falling/rising?

As of 25-Jul, Zenith Exports Ltd is experiencing a decline in its stock price, currently at Rs 239.00, reflecting a decrease of Rs 3.85 or 1.59%. Today's price summary indicates that the stock opened with a loss of 3.25% and reached an intraday low of Rs 232, marking a drop of 4.47%. Over the past month, the stock has underperformed significantly, with a return of -9.76%, while the benchmark Sensex has only declined by 1.56%. The company's financial health is concerning, as it has reported operating losses and a negative return on capital employed (ROCE), alongside a weak ability to service its debt, which has contributed to a negative EBITDA. Additionally, the stock's liquidity is limited, and there has been a notable decrease in investor participation, with delivery volume falling by 42.5% against the 5-day average.
In the broader market context, while the stock has outperformed its sector by 0.39% today, it has still significantly lagged behind the benchmark over the past year, with a return of -22.40% compared to the Sensex's modest gain of 1.78%. This underperformance highlights the challenges faced by Zenith Exports, particularly in light of its weak long-term fundamentals and the broader market's relatively stable performance. The stock's risk profile is elevated due to its historical valuation metrics and the substantial decline in profits over the past year, which further exacerbates investor concerns and contributes to the ongoing downward pressure on its price.