Why is Indoco Remedies falling/rising?

As of 11-Jul, Indoco Remedies Ltd is experiencing a decline in its stock price, currently at 324.80, which reflects a decrease of 3.7 points or 1.13%. The stock has underperformed its sector by 1.71% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 3.04% during this period. Additionally, the stock has shown a negative performance over the past week with a return of -3.56%, while its performance over the last month has been more favorable at +16.73%. However, the company has faced significant challenges, including a poor long-term growth outlook with an operating profit decline of 177.42% over the past five years and negative results for the last ten consecutive quarters, which have contributed to its recent price movement.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with a year-to-date return of -2.32% against the Sensex's +5.58%. This consistent underperformance is evident over the last three years, where the stock has generated negative returns while the benchmark has seen substantial gains. The falling investor participation, indicated by a 26.14% drop in delivery volume, further exacerbates the stock's challenges, suggesting a lack of confidence among investors. Overall, the combination of negative operating profits, poor growth prospects, and declining investor interest has led to the stock's current downward trajectory.