Why is Guj. Terce Labs. falling/rising?

As of 16-Jul, Gujarat Terce Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 49.00, reflecting a decrease of Rs 2.82 or 5.44%. Today's price summary indicates that the stock has underperformed its sector by 5.17%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 48.25, marking a significant drop of 6.89%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock's performance over the past month shows a decline of 11.85%, and its year-to-date return is down by 42.22%. Despite having an attractive valuation with a Return on Capital Employed (ROCE) of 25.4, the company has faced a substantial profit decline of 121% over the past year, contributing to the negative sentiment surrounding the stock.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has shown a slight increase of 1.02% over the past month. This underperformance is further highlighted by the stock's negative returns over various periods, including a 3.75% decline over the last year, while the Sensex has gained 2.38% during the same timeframe. The company also faces challenges such as a high Debt to EBITDA ratio and weak long-term growth, which have led to a lack of investor confidence and participation, as evidenced by a 74.42% drop in delivery volume compared to the 5-day average. Overall, these factors contribute to the stock's downward trajectory in a market that is otherwise showing resilience.