Why is Morepen Labs. falling/rising?

As of 07-Jul, Morepen Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 63.70, which reflects a decrease of 1.54 or 2.36%. The stock has underperformed its sector today by 2.28% and has reversed its trend after two consecutive days of gains. It touched an intraday low of Rs 63.49, indicating a drop of 2.68%. Despite a positive performance over the past week with a return of 3.11%, the stock has shown a negative return of 0.64% over the past month. While the company has a low debt-to-equity ratio and healthy long-term growth with an annual operating profit increase of 35.63%, these factors have not been sufficient to prevent the recent decline.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, contrasting with Morepen's positive short-term performance. However, the stock's year-to-date performance is significantly lower at -18.65%, while the Sensex has gained 6.79% in the same period. This disparity highlights the stock's struggles in the current market environment, despite its historical outperformance over longer periods. The attractive valuation and rising investor participation, as evidenced by a 134.63% increase in delivery volume, suggest potential for recovery, but the immediate price movement indicates challenges that the company faces in the current trading landscape.