Why is Zenith Health falling/rising?

As of 22-Aug, Zenith Health Care Ltd is experiencing a decline in its stock price, currently at 3.81, reflecting a decrease of 0.06 or 1.55%. The stock has underperformed its sector by 1.89% today and has fallen after two consecutive days of gains. It is trading below all its moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 2.81%, and its year-to-date performance shows a significant drop of 26.45%. The company's financial health is concerning, with operating losses and a weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 0. Additionally, the stock has generated a negative return of 28.79% over the past year, while its profits have also fallen by 23%, contributing to its weak long-term fundamental strength.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting sharply with Zenith Health's decline. This underperformance is further highlighted by the stock's negative returns over various periods compared to the benchmark, including a 34.20% drop over three years, while the Sensex has gained 38.34% in the same timeframe. The falling investor participation, with a delivery volume that has decreased by nearly 50% against the five-day average, suggests a lack of confidence among investors. Overall, the combination of poor financial results, weak profitability, and negative market sentiment has led to the stock's decline.