Why is Zenith Steel falling/rising?

As of 27-Jun, Zenith Steel Pipes & Industries Ltd is experiencing a decline in its stock price, currently at 8.42, reflecting a decrease of 0.2 or 2.32%. The stock has underperformed its sector by 2.14% today and has been on a downward trend for the last two days, with a total decline of 4.64%. Over the past week, the stock has dropped by 5.61%, while it has shown a modest gain of 20.98% over the past month. However, the stock's long-term performance is concerning, with a significant drop of 27.16% over the past year. The company has a negative book value and weak long-term fundamentals, evidenced by poor growth in net sales and operating profit. Additionally, the stock is considered risky due to its negative EBITDA and high debt levels, which contribute to its recent price movement.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, as the Sensex has gained 2.00% over the past week and 3.07% over the past month. While the stock has shown some recovery in the last month, its year-to-date return of 4.86% still lags behind the benchmark's 7.58%. The significant drop in delivery volume, which has fallen by 89.8% against the 5-day average, indicates a lack of investor participation, further pressuring the stock's price. Overall, the combination of negative financial indicators, weak investor interest, and underperformance relative to the market contributes to the stock's current decline.