Why is Coral Labs. falling/rising?

As of 22-Jul, Coral Laboratories Ltd is experiencing a price increase, with its current price at Rs 572.00, reflecting a rise of 4.0 (0.7%). Today's price summary indicates that the stock has outperformed its sector by 1.61% and has gained after three consecutive days of decline, opening with a gain of 2.29% and reaching an intraday high of Rs 582.25. However, the stock is still trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Coral Labs has generated a return of -17.28%, significantly underperforming the market, despite a 55.4% increase in profits. The company has a low debt-to-equity ratio and a very attractive valuation with a Price to Book Value of 1.2, but it also suffers from poor management efficiency, as indicated by a low ROE of 6.89%.
In the broader market context, Coral Labs' short-term performance has been notably weaker than the benchmark, with a 1-week return of -4.97% compared to the Sensex's -0.47%. While the stock has shown some positive movement today, its year-to-date performance remains concerning at -25.02%, contrasting sharply with the Sensex's gain of 5.18%. This disparity highlights the challenges faced by Coral Labs in the current market environment, where despite some positive indicators such as rising investor participation and healthy long-term growth, the overall sentiment remains cautious due to its recent underperformance and management issues.