Why is Suven Life Scie. falling/rising?

As of 07-Nov, Suven Life Sciences Ltd is experiencing a decline in its stock price, currently at Rs 189.50, down by Rs 2.75 or 1.43%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total drop of 7.38%. It is trading below all major moving averages, indicating a bearish trend. Additionally, the stock has underperformed its sector by 1.09% today. Despite a strong year-to-date return of 47.30% and a significant increase of 209.89% over the past three years, the recent performance has been overshadowed by negative financial results, including consecutive operating losses and a weak ability to service debt.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week decline of 4.03% compared to the Sensex's drop of only 0.86%. While there has been increasing participation from institutional investors, which may provide some support, the company's long-term fundamentals remain weak due to declining net sales and negative EBITDA. The negative results reported over the last four quarters have further contributed to investor concerns, leading to a decrease in trading volume and overall market confidence in the stock.