Why is Nureca falling/rising?

As of 21-Jul, Nureca Ltd's stock price is currently at 255.30, reflecting a decrease of 4.45, or 1.71%. The stock has underperformed the sector today by 1.14%, opening with a loss of 2.46% and touching an intraday low of Rs 253.35. Over the past week, the stock has declined by 11.60%, and it has also shown a negative trend over the past month and year, with returns of -6.65% and -5.08%, respectively. Although the company reported positive results in its latest quarter, including a higher PAT of Rs 3.28 crore and record net sales of Rs 34.18 crore, the long-term growth outlook remains poor, with net sales declining at an annual rate of -20.07% and operating profit down by -153.76% over the last five years. Additionally, the stock is considered risky due to negative EBITDA and has consistently underperformed against the benchmark over the last three years.
In the broader market context, the Sensex has shown minimal movement, with a decline of only 0.06% over the past week, indicating that the market is relatively stable compared to Nureca's significant drop. While institutional investors have increased their stake in Nureca by 0.71%, suggesting some confidence in the company's fundamentals, the overall investor participation has decreased, with delivery volume falling by 60.45% against the five-day average. This decline in participation, coupled with the stock's historical underperformance, contributes to a negative sentiment surrounding Nureca, leading to its current price decline.