Why is Suven Life Scie. falling/rising?

As of 16-Jul, Suven Life Sciences Ltd's stock is currently priced at Rs. 293.05, reflecting a decrease of Rs. 4.45 or 1.5%. The stock recently hit a new 52-week high of Rs. 303 but has underperformed its sector today by 1.23%. After four consecutive days of gains, the stock has experienced a reversal, touching an intraday low of Rs. 282.65, which represents a decline of 4.99%. Despite a strong performance over the past year, with a return of 118.45%, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as evidenced by a drastic decline in net sales and operating profit over the last five years. Additionally, the company's negative results for the last three consecutive quarters and a falling participation from institutional investors contribute to the stock's current downward movement.
In the broader market context, Suven Life Sciences Ltd has outperformed the Sensex in both the short-term and long-term, with a 10.58% increase over the past week compared to a decline of 1.08% for the benchmark index. However, the stock's recent performance is overshadowed by its weak fundamentals and declining investor participation, which may lead to increased caution among investors. The overall market sentiment appears to be influenced by the company's financial struggles, which could deter potential buyers despite its historical performance.