Why is Suven Life Scie. falling/rising?

As of 09-Jul, Suven Life Sciences Ltd's stock price is currently at 265.00, reflecting a decrease of 5.9, or 2.18%. Today's price summary indicates that the stock has underperformed its sector by 2.38% and has experienced a trend reversal after three consecutive days of gains. It opened with a loss of 3.56% and reached an intraday low of Rs 257.65. Despite this decline, the stock has shown strong performance over the longer term, with a 1-year return of 88.61% and a remarkable 277.76% increase over the past three years. However, the company is facing significant challenges, including operating losses, negative results for the last three quarters, and a weak ability to service its debt, which has contributed to its current price movement.
In the broader market context, the stock's short-term performance has been notably better than the benchmark, with a 1-week return of 6.45% compared to the Sensex's 0.15%. Despite this, the recent decline in stock price may be attributed to falling participation from institutional investors, who have reduced their stake by 1.13% in the last quarter. This decline in institutional interest, coupled with the company's poor long-term growth prospects and negative EBITDA, suggests a cautious outlook among investors, impacting the stock's current performance.