Why is Coral Labs. falling/rising?

As of 30-Jul, Coral Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 581.40, which reflects a decrease of Rs 3.6 or 0.62%. The stock has underperformed its sector by 0.96% today and is close to its 52-week low, being only 3.56% away from Rs 560.7. Over the past week, the stock has shown a slight gain of 1.11%, but it has fallen by 2.65% over the past month. Despite a healthy long-term growth rate in operating profit of 49.08% and a low debt-to-equity ratio, the stock's return over the past year has been significantly negative at -20.36%, indicating poor management efficiency with a low return on equity (ROE) of 6.89%. Additionally, the company's profit before tax and profit after tax have both seen substantial declines, contributing to the stock's downward trend.
In the broader market context, the Sensex has experienced a decline of 1.50% over the past week, while Coral Laboratories has managed a positive return in the same period. However, the stock's year-to-date performance is notably worse than the benchmark, with a drop of 23.79% compared to the Sensex's gain of 4.28%. This underperformance highlights the challenges faced by Coral Laboratories in the current market environment, particularly as it has consistently lagged behind the market and its peers over the past year. The combination of declining profitability metrics and a significant drop in stock price relative to the broader market suggests that investor sentiment remains cautious, contributing to the stock's current downward movement.