Why is Gennex Lab. falling/rising?

As of 03-Sep, Gennex Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 11.48, which reflects a decrease of Rs 0.17 or 1.46%. The stock has underperformed its sector by 2.7% today and has been on a downward trend, losing 3.85% over the past week. It is also trading below all significant moving averages, indicating a bearish sentiment. Despite a low debt-to-equity ratio and healthy long-term growth in operating profit, the company has faced challenges with poor management efficiency, as evidenced by a low return on equity of 8.68%. Additionally, the stock has significantly underperformed the market over the past year, with a return of -35.87%, while profits have only increased by 16.9%.
In the broader market context, the Sensex has shown a minimal decline of 0.27% over the past week, contrasting sharply with Gennex Laboratories' more substantial drop. The stock's performance has been particularly poor compared to the benchmark, which highlights its struggles in the current market environment. The company's flat results in recent quarters and reliance on non-operating income further exacerbate investor concerns, contributing to the stock's negative trajectory. Overall, the combination of underperformance relative to the market and internal inefficiencies appears to be driving the stock's decline.