Why is Zota Health Care falling/rising?

As of 22-Aug, Zota Health Care Ltd's stock price is currently at 1,269.70, reflecting a decline of 9.5 points or 0.74%. Today's price summary indicates that the stock has underperformed its sector by 1.18%, with a notable decrease in investor participation, as evidenced by a 38.23% drop in delivery volume compared to the 5-day average. While the stock has shown strong performance over the past year with a return of 91.59%, it has also faced challenges, including a significant decline in operating profits and a negative EBITDA, which raises concerns about its long-term fundamental strength. Additionally, the promoters have reduced their stake in the company, which may signal a lack of confidence in its future prospects.
In the broader market context, the stock's short-term performance has been unfavorable compared to the benchmark, as it has declined by 7.89% over the past week while the Sensex has gained 0.97%. Despite a strong year-to-date return of 58.49% and consistent returns over the last three years, the recent negative trends in profitability and investor confidence could be contributing to the stock's current downward movement. The combination of high debt levels, low return on equity, and reduced promoter stake further complicates the outlook for Zota Health Care Ltd, suggesting that investors may be cautious in the face of these challenges.