Why is Zim Laboratories falling/rising?

As of 24-Sep, Zim Laboratories Ltd is experiencing a decline in its stock price, currently at 74.36, reflecting a decrease of 1.14 or 1.51%. The stock has been underperforming, having lost 2.03% over the past week and showing a significant drop of 31.78% over the last year. Today's performance indicates that it has underperformed its sector by 1.06%, and it has been on a consecutive downward trend for the last five days. The stock is trading below all its moving averages, which suggests a bearish sentiment among investors. While there has been a rise in delivery volume, indicating increased investor participation, the overall negative financial results, including a 47.6% decline in profits and a consistent underperformance against benchmarks, contribute to the stock's downward trajectory.
In the broader market context, Zim Laboratories has not only underperformed the Sensex over the past week, but it has also lagged behind in longer-term comparisons, with a staggering 68.10% drop over the last three years compared to a 40.65% gain in the benchmark. The company's weak long-term fundamentals, evidenced by a low Return on Capital Employed (ROCE) and declining net sales, further exacerbate investor concerns. The stock's valuation, while attractive compared to peers, is overshadowed by its persistent negative results and lack of growth, leading to a sentiment that favors selling rather than buying.