Why is Gufic BioScience falling/rising?

As of 10-Nov, Gufic BioSciences Ltd is experiencing a decline in its stock price, currently at Rs 317.20, which reflects a decrease of Rs 17.6 or 5.26%. The stock has underperformed its sector by 6.31% today and has shown a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 316.55, indicating significant selling pressure. Over the past week, the stock has decreased by 3.17%, and its year-to-date performance shows a substantial decline of 29.99%. The company has faced negative results for the last three consecutive quarters, with profits falling significantly, which has contributed to its poor performance. Despite having high management efficiency and a strong ability to service debt, the overall sentiment remains negative due to the declining profits and high valuation metrics.
In the broader market context, Gufic BioSciences Ltd's short-term performance has been notably worse than the benchmark, with the Sensex only declining by 0.53% over the past week. This stark contrast highlights the stock's struggles relative to the overall market. Additionally, the stock's long-term performance has been disappointing, with a 34.29% drop in the last year, underperforming the BSE500 index over multiple time frames. The combination of falling investor participation, as indicated by a significant drop in delivery volume, and the company's recent financial struggles has led to a lack of confidence among investors, further driving the stock price down.