Why is Rossari Biotech falling/rising?

As of 07-Nov, Rossari Biotech Ltd is experiencing a decline in its stock price, currently at Rs 628.00, which reflects a decrease of Rs 12.5 or 1.95%. The stock has underperformed the sector today by 1.99%, marking its second consecutive day of losses with a total decline of 3.35% over this period. Additionally, the stock has touched an intraday low of Rs 625.45. Over the past year, Rossari Biotech has generated a return of -23.86%, significantly underperforming against the benchmark, and its profits have also fallen by 1.5%. The company maintains a low debt-to-equity ratio of 0.05, and while it has high institutional holdings at 20.87%, the stock's consistent underperformance against benchmarks over the last three years raises concerns among investors.
In the broader market context, the Sensex has shown a slight decline of 0.86% over the past week, contrasting with Rossari Biotech's 1.99% drop in the same timeframe. This indicates that the stock's performance is not only weak relative to its sector but also underperforms the overall market. The stock's trading below all key moving averages suggests a bearish trend, compounded by a significant drop in investor participation, with delivery volume decreasing by 19.28% against the five-day average. These factors collectively contribute to a negative sentiment surrounding Rossari Biotech, leading to its current price decline.