Why is Indoco Remedies falling/rising?

As of 14-Jul, Indoco Remedies Ltd is experiencing a decline in its stock price, currently at Rs 319.30, reflecting a decrease of Rs 5.5 or 1.69%. The stock has underperformed its sector by 2.59% today and has been on a downward trend for the past three days, accumulating a total decline of 4.69%. The stock's performance over the past week shows a decrease of 2.65%, while it has seen a modest increase of 12.04% over the past month. However, its long-term performance is concerning, with a year-to-date decline of 3.97% and a significant drop of 15.76% over the past three years. The company has reported negative operating profits for the last ten consecutive quarters, which, combined with a poor long-term growth rate of -177.42% in operating profit over the last five years, contributes to the stock's current downward movement.
In the broader market context, the Sensex has shown a decline of 1.42% over the past week, indicating a relatively weak market environment. Despite this, Indoco Remedies' performance has been notably worse, particularly in the short term. The stock's liquidity appears adequate, with a significant increase in delivery volume, suggesting some investor interest; however, the overall sentiment remains negative due to the company's ongoing financial struggles and consistent underperformance against benchmarks. The stock's risk profile is heightened by its negative operating profits and high debt-equity ratio, which further exacerbates investor concerns and contributes to its falling price.