Why is Dhanlaxmi Cotex falling/rising?

As of 04-Jul, Dhanlaxmi Cotex Ltd is trading at a current price of 159.55, with no change in price (0.00% change). The stock has shown a negative performance over the past week, declining by 3.71%, and has experienced a significant drop of 21.35% over the past month. Today's price summary indicates that the stock is trading below its moving averages across various time frames, and there has been a notable decrease in investor participation, with delivery volume falling by 92.52% compared to the 5-day average. Despite a strong annual return of 140.21%, the company is facing challenges, including operating losses and a decline in net sales, which has contributed to a perception of weak long-term fundamental strength.
In the broader market context, Dhanlaxmi Cotex's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 0.74% over the past week. While the stock has outperformed the market over the past year, its recent struggles, including flat results and significant operating losses, have raised concerns among investors. The company's attractive valuation metrics, such as a PEG ratio of 0.1 and a price-to-book value of 1.1, suggest potential, but the current operational challenges may overshadow these positives, leading to a cautious outlook among market participants.