Why is Dhanlaxmi Cotex falling/rising?

As of 08-Jul, Dhanlaxmi Cotex Ltd is experiencing a decline in its stock price, currently at Rs 151.60, which represents a decrease of 7.95 points or 4.98%. The stock has underperformed its sector by 4.93% today, opening with a loss of 2.07% and reaching an intraday low of Rs 151.60. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.63%, and in the last month, it has fallen by 22.20%. Despite a strong yearly return of 128.83%, the company has reported operating losses and weak long-term fundamentals, with net sales declining significantly and a negative profit after tax.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Dhanlaxmi Cotex's recent struggles. While the stock has outperformed the market over the past year, its recent performance indicates a troubling trend, particularly with the significant drop in sales and profits. The company’s attractive valuation and rising investor participation, as indicated by a 32.5% increase in delivery volume, may not be sufficient to counterbalance the negative sentiment stemming from its operational challenges and flat financial results.