Why is Coral Labs. falling/rising?

As of 24-Jul, Coral Laboratories Ltd is currently priced at Rs 575.00, showing no change (0.00%). The stock has underperformed its sector by 0.35% today and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 2.49% away from Rs 560.7. Over the past week, Coral Labs has seen a decline of 4.32%, while its performance over the last year shows a significant drop of 16.68%, contrasting with a 5.18% gain in the broader market. Although the company has a low debt-to-equity ratio and has experienced healthy long-term growth with a 49.08% annual increase in operating profit, its recent financial performance has been disappointing, with a 62.72% drop in profit before tax and a 42.0% decrease in profit after tax for the last quarter.
In the broader market context, Coral Labs' short-term performance has been notably weaker than the benchmark, with a 1-week decline of 4.32% compared to a minimal 0.09% drop in the Sensex. The stock's negative returns over the past year highlight its struggle to keep pace with the market, which has generated a return of 0.99%. Despite the company's attractive valuation metrics, including a low PEG ratio of 0.2 and a return on equity of 13.9%, the poor management efficiency reflected in a low average ROE of 6.89% and declining profitability has contributed to investor concerns, leading to falling participation and liquidity in the stock.