Why is Hikal falling/rising?

As of 07-Jul, Hikal Ltd's stock price is currently at 342.20, reflecting a decrease of 2.8 points or 0.81%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.5% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 64.7% compared to the 5-day average. Despite a strong growth in net profit of 191.86% and attractive valuations relative to peers, the stock has generated a negative return of 6.66% over the past year, which may contribute to investor sentiment leaning towards selling.
In the broader market context, Hikal's short-term performance has been notably poor, with a 1-week return of -4.49% compared to a slight decline of only 0.20% in the Sensex. This underperformance is further highlighted by the stock's negative returns over the past month and year-to-date, contrasting sharply with the Sensex's positive performance. The company's long-term growth prospects appear limited, with net sales growing at an annual rate of only 4.38% over the last five years, which may deter investors. Overall, the combination of recent price declines, reduced trading activity, and underperformance against the benchmark suggests a challenging environment for Hikal Ltd's stock.