Why is Unichem Labs. falling/rising?

As of 07-Aug, Unichem Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 526.60, which reflects a decrease of Rs 7.75 or 1.45%. The stock has been underperforming significantly, having fallen consecutively for the last five days, resulting in a total return of -15.39% over that period. It is also trading close to its 52-week low, just 2.41% above Rs 513.9, and opened the day with a loss of 2.3%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 56.56% against the 5-day average, the overall sentiment appears negative, contributing to the stock's recent decline.
In the broader market context, Unichem Laboratories Ltd's short-term performance has been notably worse than the benchmark Sensex, which has only declined by 0.69% over the past week. The stock's year-to-date performance is also concerning, with a drop of 28.35%, while the Sensex has gained 3.18% during the same period. This stark contrast highlights the stock's struggles relative to the overall market, further exacerbated by its significant underperformance compared to its sector. The combination of these factors suggests that investor sentiment remains weak, leading to continued selling pressure on Unichem Laboratories Ltd.