Why is Zenith Health falling/rising?

As of 04-Jul, Zenith Health Care Ltd's stock price is currently at 4.37, reflecting an increase of 0.05 or 1.16%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this recent uptick, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has outperformed its sector by 0.65% today, and there has been a notable increase in investor participation, with delivery volume rising by 18.05% compared to the 5-day average. However, the company has faced significant challenges, including a weak long-term fundamental strength with a -9.71% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.08, indicating difficulties in servicing its debt. Additionally, the stock has consistently underperformed against benchmarks, generating a return of -14.31% over the past year.
In the broader market context, Zenith Health's short-term performance has been slightly better than the benchmark, with a 1W return of -0.68% compared to the Sensex's -0.74%. However, the stock's longer-term performance has been concerning, with a -15.64% return year-to-date and a -25.17% return over the past three years, which starkly contrasts with the Sensex's positive returns during the same periods. This consistent underperformance, coupled with negative operating profits and low profitability per unit of shareholder funds, suggests that while there may be short-term gains, the overall outlook for Zenith Health remains weak, contributing to a cautious sentiment among investors.