Why is Gufic BioScience falling/rising?

As of 24-Oct, Gufic BioSciences Ltd is experiencing a decline in its stock price, currently at Rs 342.00, reflecting a decrease of Rs 2.95 or 0.86%. The stock has been underperforming significantly, having fallen for the last eight consecutive days, resulting in a total decline of 6.62% during this period. Additionally, it is trading below all key moving averages, indicating a bearish trend. The company has reported negative results for the last three consecutive quarters, with a notable drop in profit after tax and a high valuation relative to its capital employed, contributing to investor concerns. Despite some positive factors such as high management efficiency and strong long-term growth in operating profit, these have not been sufficient to counterbalance the negative sentiment surrounding the stock.
In the broader market context, Gufic BioSciences has underperformed the benchmark Sensex, which has shown a slight increase of 0.31% over the past week, while the stock itself has decreased by 2.74%. This underperformance is further highlighted by the stock's year-to-date return of -24.51%, contrasting sharply with the Sensex's gain of 7.77% during the same period. The overall market sentiment appears to favor other stocks, leaving Gufic BioSciences struggling to attract investor interest amidst its recent financial challenges.