Why is Zenith Health falling/rising?

As of 26-Aug, Zenith Health Care Ltd's stock price is currently at 4.48, reflecting an increase of 0.49 or 12.28%. The stock has shown strong performance recently, outperforming its sector by 14.08% today and has gained 17.59% over the last two days. Additionally, the stock has demonstrated positive short-term returns, with an 18.21% increase over the past week and a 7.95% increase over the past month. However, despite these gains, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio and low profitability reflected in a Return on Equity of 5.88%. The stock is also considered risky due to negative EBITDA and has underperformed the market over the past year, with a decline of 22.49% compared to the broader market's negative return of 3.87%.
In the broader market context, while Zenith Health has experienced a notable rise in the short term, its long-term performance remains concerning. The stock's 1-year return of -22.49% starkly contrasts with the Sensex's slight decline of 1.12%, indicating that it has significantly underperformed relative to the market. The recent increase in investor participation, as evidenced by a 175.22% rise in delivery volume, suggests a growing interest in the stock despite its underlying financial weaknesses. Overall, while the stock is currently rising, the fundamental issues and historical performance raise caution about its sustainability in the long term.