Why is Zenith Steel falling/rising?

As of 25-Aug, Zenith Steel Pipes & Industries Ltd is experiencing a decline in its stock price, currently at 7.83, which reflects a decrease of 0.05 or 0.63%. The stock has underperformed its sector by 0.93% today and has been on a downward trend for the last two days, resulting in a total decline of 2.49% over this period. The stock's performance over the past week shows a decrease of 1.51%, and it has significantly underperformed the benchmark Sensex, which has increased by 0.45% in the same timeframe. Additionally, the company has reported negative results for the last two consecutive quarters, with a substantial drop in net sales of 33.61%, contributing to a weak long-term fundamental strength characterized by a negative book value and high debt levels.
In the broader market context, while the Sensex has shown a slight increase of 0.21% over the past month, Zenith Steel's stock has declined by 12.90% during the same period, indicating a stark contrast in performance. The company's liquidity appears adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 25.13% against the five-day average. This lack of interest, combined with the company's poor financial health and negative EBITDA, suggests a challenging environment for the stock, leading to its current downward trajectory.