Why is SMS Pharma. falling/rising?

As of 03-Jul, SMS Pharmaceuticals Ltd's stock price is currently at 238.80, reflecting a decrease of 2.75, or 1.14%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.96% during this period. In the past week, the stock has decreased by 3.12%, while over the past month, it has seen a more significant drop of 7.57%. Despite these declines, the company has reported positive results for the last nine consecutive quarters, with strong operating profit and cash reserves, which suggests a solid financial foundation. However, the stock is trading at a discount compared to its peers, and while profits have risen by 38.8% over the past year, the stock's performance has not reflected this growth, resulting in a negative return of 2.81% over the same period.
In the broader market context, the Sensex has shown a slight decline of 0.62% over the past week, indicating that the market is experiencing some downward pressure. However, SMS Pharmaceuticals' performance has been notably worse than the benchmark, suggesting that specific issues within the company may be contributing to its stock price decline. The stock's recent performance has also been hindered by its underperformance against sector averages, which is evident from its 1.62% drop compared to sector performance today. Despite rising investor participation and liquidity, the overall negative sentiment surrounding the stock, combined with its recent price movements, indicates a challenging environment for SMS Pharmaceuticals Ltd at this time.