Why is Coral Labs. falling/rising?

As of 30-Sep, Coral Laboratories Ltd is currently priced at Rs 485.00, reflecting a decline of Rs 14.8 or 2.96%. The stock has underperformed its sector today by 2.92%, reaching an intraday low of Rs 485. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 4.01%, while its performance over the past month shows a modest increase of 7.85%. However, the stock has experienced significant declines over the year, with a return of -44.04%. The company's low debt-to-equity ratio and attractive valuation metrics are overshadowed by poor management efficiency and declining profitability, as evidenced by a drop in net sales and negative results in recent quarters.
In the broader market context, Coral Laboratories Ltd has underperformed compared to the benchmark Sensex, which has seen a decline of 2.23% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 36.42% compared to the Sensex's modest gain of 2.72%. Despite a rise in investor participation, the overall sentiment remains negative due to the company's inability to generate positive returns and consistent losses over the past year. This combination of poor financial performance and market conditions contributes to the stock's current downward trajectory.