Why is Indoco Remedies falling/rising?

As of 18-Jul, Indoco Remedies Ltd is experiencing a decline in its stock price, currently at Rs 322.70, which reflects a decrease of Rs 15.25 or 4.51%. The stock has underperformed its sector by 3.96% today, marking a consecutive fall over the last two days with a total drop of 4.81%. Additionally, the stock has shown a negative performance over the past year with a return of -3.76%, and it has consistently underperformed against the benchmark BSE500 over the last three years. The company's financial health is concerning, as it has reported negative operating profits for the last ten consecutive quarters, with a significant annual decline in operating profit growth of -177.42% over the past five years.
In the broader market context, the stock's short-term performance of -0.65% over the past week is slightly better than the Sensex, which fell by 0.90%. However, the year-to-date performance shows a decline of 2.95% for Indoco Remedies compared to a positive return of 4.63% for the Sensex. The stock's liquidity is adequate for trading, but there has been a notable decrease in investor participation, with delivery volume dropping by 71.55% against the five-day average. This combination of poor long-term growth prospects, negative financial results, and declining investor interest contributes to the stock's recent downward movement.