Why is Sanjiv.Parant. falling/rising?

As of 29-Sep, Sanjivani Paranteral Ltd's stock price is currently at 228.05, reflecting a decrease of 3.75, or 1.62%. The stock has been on a downward trend, having underperformed its sector by 1.76% today and experiencing a consecutive fall over the last five days, resulting in a total decline of 6.15% during this period. The stock has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite some positive indicators such as a high return on equity (ROE) of 21.72% and significant growth in net sales and operating profit, the stock's performance has been negatively impacted by flat results in the last quarter, a low debtors turnover ratio, and a high valuation compared to its peers.
In the broader market context, while the Sensex has shown a slight decline of 2.18% over the past week, Sanjivani Paranteral Ltd's performance has been significantly worse, with a 10.78% drop over the past month compared to the benchmark's modest gain of 0.70%. The stock's year-to-date performance is particularly concerning, with a decline of 40.30%, contrasting sharply with the Sensex's increase of 2.85%. This underperformance, coupled with a high enterprise value to capital employed ratio, suggests that the market is reacting negatively to the stock's valuation and recent financial results, contributing to its current downward trajectory.