Why is Dhanlaxmi Cotex falling/rising?

As of 03-Jul, Dhanlaxmi Cotex Ltd is trading at a current price of 159.55, with no change in price (0.00%) as of 08:27 PM. The stock has underperformed in the short term, with a 1-week decline of 3.71% compared to a minor drop of 0.62% in the Sensex. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite a strong annual return of 128.39%, the company is facing challenges, including operating losses and a significant drop in net sales and profit after tax, which has contributed to a perception of weak long-term fundamental strength.
In the broader market context, while Dhanlaxmi Cotex has outperformed its sector by 0.52% today, its recent performance contrasts sharply with the benchmark, which has shown a positive return of 3.10% over the past month. The stock's liquidity remains adequate for trading, but a decline in delivery volume suggests waning investor interest. The company's attractive valuation metrics, such as a price-to-book value of 1.1 and a PEG ratio of 0.1, may not be enough to offset the negative sentiment stemming from its operational struggles and flat financial results.