Why is Unichem Labs. falling/rising?

As of 22-Sep, Unichem Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 492.00, which reflects a decrease of Rs 10.85 or 2.16%. The stock has underperformed its sector by 1.08% today and has been on a downward trend for the last two days, accumulating a total loss of 3.3%. It is also trading close to its 52-week low, just 3.29% above Rs 475.8. Over the past year, the stock has generated a return of -23.50%, significantly underperforming the broader market, as indicated by the Sensex's gain of 5.15% year-to-date. Despite a notable increase in profits by 698%, the stock's poor management efficiency, reflected in a low Return on Equity (ROE) of 1.64%, and disappointing quarterly results have contributed to its recent price decline.
Broader Market Context: In the short term, Unichem Laboratories Ltd has seen a 2.63% decrease over the past week, contrasting with a slight increase of 0.46% in the Sensex during the same period. This underperformance is indicative of broader market trends where the stock has consistently lagged behind its benchmark, particularly over the last year and three years. The company's low Debt to Equity ratio and attractive valuation metrics, such as a PEG ratio of 0, suggest potential for recovery; however, the persistent underperformance and flat results in recent quarters have overshadowed these positives, leading to a lack of investor confidence.