Why is Coral Labs. falling/rising?

As of 28-Jul, Coral Laboratories Ltd is experiencing a price increase, currently at Rs 579.50, reflecting a rise of 5.5 or 0.96%. The stock has shown a performance today that outperformed its sector by 0.88%. However, it is still close to its 52-week low, being only 3.24% away from Rs 560.7. In terms of returns, the stock has underperformed over the past month with a decline of 4.37%, but it has seen a positive return of 2.02% over the past week. Despite these fluctuations, the company has a low Debt to Equity ratio and has demonstrated healthy long-term growth with an annual operating profit increase of 49.08%. However, the company also faces challenges, including poor management efficiency indicated by a low Return on Equity (ROE) of 6.89% and significant declines in profit before tax and profit after tax in the most recent quarter.
Broader market context shows that while Coral Laboratories has struggled with a year-to-date decline of 24.03%, the benchmark Sensex has gained 3.52% during the same period. This stark contrast highlights the stock's underperformance relative to the broader market. Additionally, the stock's liquidity appears adequate for trading, but a significant drop in delivery volume suggests a decrease in investor participation. Overall, while the stock has seen a short-term rise, its long-term performance and recent financial results indicate ongoing challenges that may affect future price movements.