Why is Centenial Surgic falling/rising?

As of 30-Jul, Centenial Surgical Suture Ltd is experiencing a decline in its stock price, currently at 155.90, reflecting a decrease of 1.6 or 1.02%. Today's price summary indicates that the stock has underperformed its sector by 0.91% and has been on a downward trend for the last three days, accumulating a total loss of 1.61%. It opened significantly lower today, with a gap down of 4.98%, reaching an intraday low of Rs 149.65. Despite this recent decline, the stock has shown strong performance over longer periods, with a 34.45% return in the past year and a remarkable 175.93% increase over the last three years. However, it is important to note that the company's profits have fallen by 255.3% over the past year, which may be contributing to the current negative sentiment among investors.
In the broader market context, while the stock has outperformed the benchmark Sensex over various time frames, including a 4.53% increase over the past week compared to the Sensex's decline of 1.50%, the recent price drop suggests a shift in investor sentiment. The stock's liquidity remains adequate, but there has been a decrease in delivery volume, indicating falling investor participation. Additionally, the stock's valuation appears attractive, trading at a discount compared to its peers, which could suggest potential for recovery in the long term. However, the combination of recent profit declines and consecutive price falls may be overshadowing these positive factors in the short term.