Why is Unichem Labs. falling/rising?

As of 28-Aug, Unichem Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 507.35, which reflects a decrease of Rs 7.65 or 1.49%. The stock has underperformed the sector by 0.65% today and opened with a loss of 2.89%. It has also touched an intraday low of Rs 500.1. Over the past week, the stock has shown a modest gain of 1.66%, but it has significantly underperformed over the past month with a decline of 17.72%. Despite a notable increase in profits by 698% over the past year, the stock has generated a negative return of 12.57%, indicating challenges in management efficiency with a low return on equity of 1.64%. The company’s low debt-to-equity ratio and attractive valuation suggest potential, but the recent flat quarterly results and poor profitability metrics are contributing to the stock's downward movement.
In the broader market context, the Sensex has declined by 2.34% over the past week, indicating a challenging environment for stocks in general. However, Unichem Laboratories' performance is particularly concerning given its year-to-date return of -30.97%, contrasting sharply with the Sensex's positive return of 2.48% in the same period. The stock's current trading levels are close to its 52-week low, which may further dampen investor sentiment. While rising investor participation is noted, the overall market conditions and the company's recent financial performance suggest that the stock is facing significant headwinds.