Why is Dhanlaxmi Cotex falling/rising?

As of 01-Aug, Dhanlaxmi Cotex Ltd is experiencing a decline in its stock price, currently at 147.70, which reflects a decrease of 3.0 or 1.99%. The stock has been underperforming, having fallen consecutively for the last seven days, resulting in a total decline of 13.12%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant year-to-date return of 17.50% and a remarkable 117.05% increase over the past year, the company is facing operating losses and flat results, which contribute to its weak long-term fundamental strength.
In the broader market context, Dhanlaxmi Cotex's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has only declined by 1.06% over the past week. While the stock has shown strong historical performance, its current challenges, including a significant drop in net sales and a negative profit after tax, suggest underlying issues that may be affecting investor sentiment. The stock's attractive valuation metrics, such as a price-to-book value of 1 and a PEG ratio of 0.1, are overshadowed by its recent operational struggles, leading to a cautious outlook among investors.