Why is Bharat Parenter. falling/rising?

As of 18-Jul, Bharat Parenterals Ltd's stock price is currently at 1,589.95, reflecting a decrease of 40.05, or 2.46%. The stock has underperformed its sector today by 1.91% and has experienced a trend reversal after five consecutive days of gains, touching an intraday low of Rs 1558.9, which represents a drop of 4.36%. Despite a strong performance over the past three years, with a 378.97% return, the company has declared negative results for the last five consecutive quarters, leading to concerns about its long-term fundamental strength. The company's operating profits have seen a significant decline, with a -208.03% CAGR over the last five years, and domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation.
In the broader market context, Bharat Parenterals has outperformed the Sensex in the short term, with a 13.33% return over the past week compared to the benchmark's -0.90%. However, the stock's recent decline may reflect investor caution due to its weak profitability metrics and declining operating profits, which have fallen by -186.9% over the past year. While the stock has shown resilience in the past, the current negative sentiment surrounding its financial performance and reduced investor participation could be contributing to the downward pressure on its price.