Why is Unichem Labs. falling/rising?

As of 24-Jul, Unichem Laboratories Ltd is currently priced at 630.05, reflecting a decrease of 8.5, or 1.33%. The stock has underperformed its sector today by 1.68% and has been on a consecutive decline for the last two days, resulting in a total drop of 1.63% during this period. While the stock has shown a positive return of 15.95% over the past year, it has experienced a year-to-date decline of 14.28%. Despite a solid growth in net sales and positive quarterly results, the recent performance has been hindered by falling investor participation, as evidenced by a 13.01% drop in delivery volume compared to the five-day average.
In the broader market context, the Sensex has only slightly declined by 0.09% over the past week, indicating that the stock's short-term performance is lagging behind the benchmark. While Unichem Laboratories has consistently generated returns over the past three years and maintains a low debt-to-equity ratio, the current price movement suggests that investor sentiment may be cautious despite the company's strong fundamentals and attractive valuation compared to peers. The stock's recent underperformance, coupled with declining trading volumes, reflects a challenging environment for the stock, even as it has shown resilience in longer-term returns.