Why is Coral Labs. falling/rising?

As of 05-Sep, Coral Laboratories Ltd's stock price is currently at 520.00, reflecting an increase of 39.0, or 8.11%. Today's price summary indicates that the stock has outperformed its sector by 8.18% and has gained after two consecutive days of decline. The stock reached an intraday high of Rs 544.9, marking a significant rise of 13.28%, although it also experienced a low of Rs 470, indicating high volatility with an intraday fluctuation of 7.38%. Despite this positive movement today, the stock has shown a negative performance over the past month, down 10.17%, and a substantial decline of 43.35% over the past year. The company has a low debt-to-equity ratio and an attractive valuation, but it has also faced challenges with a low return on equity and declining profits, which have contributed to its overall negative performance.
In the broader market context, Coral Laboratories Ltd has significantly underperformed compared to the benchmark, with a year-to-date decline of 31.83% against a 3.29% increase in the market. While the stock has shown a short-term recovery today, the long-term outlook remains concerning due to poor management efficiency and negative financial results over the past quarters. The stock's recent rise may be attributed to a temporary rebound after a period of decline, but the overall trend indicates a struggle to maintain investor confidence amidst ongoing financial challenges.