Why is Lak. Electrical falling/rising?

As of 19-Jun, Lakshmi Electrical Control Systems Ltd is experiencing a decline in its stock price, currently at Rs 936.45, which reflects a decrease of Rs 21.5 or 2.24%. The stock has underperformed its sector by 1.38% today and reached an intraday low of Rs 928, marking a drop of 3.13%. Over the past week, the stock has fallen by 6.82%, and its year-to-date performance shows a significant decline of 24.11%. The company's financial health is concerning, with a low Return on Equity (ROE) of 5.08% and negative results for the last six consecutive quarters, leading to a substantial drop in profitability. Additionally, the stock is trading below all key moving averages, indicating a bearish trend, and there has been a drastic reduction in investor participation, with delivery volume falling by 84.6% against the five-day average.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has only declined by 0.40% over the past week. This underperformance is further highlighted by the stock's returns over the past year, which show a decline of 38.51%, while the Sensex has gained 5.20% during the same period. The company's poor management efficiency, characterized by a low ROCE of 2.27% and a negative growth rate in net sales, contributes to its weak market position. With a high valuation relative to its peers and a significant drop in profits by 72.3% over the past year, the stock's outlook remains bleak, reinforcing the reasons for its current downward trajectory.