Why is Centenial Surgic falling/rising?

As of 02-Jul, Centenial Surgical Suture Ltd is experiencing a decline in its stock price, currently at Rs 137.30, reflecting a decrease of Rs 7.2 or 4.98%. The stock has been underperforming, having lost 7.85% over the past week and showing a consistent downward trend for the last seven days. Today's performance indicates that it opened with a loss of 4.98% and reached an intraday low of Rs 137.30. Despite a strong historical performance with a 21.67% return over the past year, the company's profits have significantly declined by 255.3%, which raises concerns about its long-term viability. Additionally, the stock is trading at a discount compared to its peers, but its weak operating profit growth and low return on equity suggest fundamental weaknesses that may be influencing investor sentiment negatively.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 0.79% over the past week. While the stock has shown impressive returns over the last three years, its current trajectory is concerning, particularly given the weak long-term fundamentals highlighted by a -13.78% CAGR growth in operating profits over the last five years. The significant drop in delivery volume and the stock's underperformance against its sector by 4.23% today further indicate a lack of investor confidence. Overall, these factors contribute to a bearish outlook for Centenial Surgical Suture Ltd in the current market environment.