Why is Zenith Exports falling/rising?

As of 04-Aug, Zenith Exports Ltd is experiencing a price increase, with its current price at 222.05, reflecting a change of 2.05 (0.93%) upward. Today's price summary indicates a trend reversal as the stock has gained after three consecutive days of decline, reaching an intraday high of Rs 235, which is a 6.82% increase. However, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, and there has been a significant drop in investor participation, with delivery volume falling by 69.51% compared to the 5-day average. The stock has underperformed in the past year, with a return of -18.06%, while the broader market has only seen a slight decline of -2.34%. The company's weak long-term fundamentals, including operating losses and a negative EBIT to interest ratio of -2.78, contribute to its risky profile.
In the broader market context, while Zenith Exports has seen a short-term uptick, its performance over the last year has been significantly worse than the benchmark, with a decline of -18.06% compared to the Sensex's slight gain of +0.05%. This stark contrast highlights the stock's struggles, particularly given its negative EBITDA and poor return on capital employed (ROCE). Despite today's positive movement, the underlying issues such as weak debt servicing ability and a low debtors turnover ratio suggest that the stock remains under pressure, making it a risky investment in the current market environment.