Why is Unichem Labs. falling/rising?

As of 30-Sep, Unichem Laboratories Ltd's stock price is currently at Rs. 474.00, reflecting an increase of Rs. 2.0 or 0.42%. The stock has recently shown signs of recovery after a four-day consecutive decline, outperforming its sector by 0.46%. However, it hit a new 52-week low of Rs. 456.1 earlier in the day, indicating significant volatility. Over the past week, the stock has decreased by 4.07%, and it has underperformed the benchmark Sensex, which fell by 2.23%. Despite a substantial profit increase of 698% over the past year, the stock has generated a negative return of -28.76%, and its low return on equity (ROE) of 1.64% suggests poor management efficiency, contributing to investor concerns.
Broader market context indicates that while Unichem Laboratories has struggled in the short term, the overall market, represented by the Sensex, has shown a slight positive return of 0.57% over the past month. The stock's long-term performance has also been below par, with a -35.51% return year-to-date compared to the Sensex's +2.72%. The company’s low debt-to-equity ratio and attractive valuation metrics may provide some support; however, the flat results reported in June and the below-average performance in both the near and long term have likely contributed to a cautious sentiment among investors.