Why is Suven Life Scie. falling/rising?

As of 18-Jul, Suven Life Sciences Ltd is experiencing a decline in its stock price, currently at Rs 288.50, which reflects a decrease of Rs 3.1 or 1.06%. The stock has been underperforming recently, having fallen for three consecutive days with a total decline of 3.03%. Today's trading saw the stock reach an intraday low of Rs 281.1, and the volume traded was skewed towards this lower price, indicating a lack of investor confidence. Despite a strong long-term performance, with returns of 120.73% over the past year, the company is facing significant challenges, including operating losses and a weak ability to service its debt, which has contributed to its recent price drop.
In the broader market context, Suven Life Sciences has outperformed the benchmark Sensex over various periods, including a 4.85% increase over the past week compared to a 0.90% decline in the index. However, the stock's recent performance has been hampered by declining investor participation, particularly among institutional investors, who have reduced their stakes. This trend, combined with the company's negative financial results over the last three quarters and a concerning growth rate in net sales, has led to a cautious outlook among investors, contributing to the stock's current downward trajectory.