Why is Syngene Intl. falling/rising?

As of 25-Sep, Syngene International Ltd is currently priced at 640.95, reflecting a slight decrease of 0.05 (-0.01%). The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of -3.71% during this period. Additionally, the stock's performance over the past week shows a decrease of -2.75%, and it has significantly underperformed the benchmark Sensex, which has only declined by -2.23%. The company has a low debt-to-equity ratio and high institutional holdings at 40.55%, but it faces challenges with poor long-term growth, as evidenced by a modest annual growth rate in net sales and operating profit over the last five years. Furthermore, recent financial results indicate a substantial drop in profit before tax and profit after tax compared to previous quarters, contributing to a perception of an expensive valuation relative to its peers.
Broader market context indicates that while the stock has outperformed its sector by 0.85% today, its overall year-to-date performance is concerning, with a decline of -25.36% compared to a positive return of +3.87% for the Sensex. The stock's long-term performance has also been lackluster, with a return of -26.87% over the past year, which is significantly worse than the broader market's -4.71% decline. This underperformance, coupled with falling investor participation and trading below all key moving averages, suggests a challenging environment for Syngene International Ltd, leading to its recent price decline.