Why is Lak. Electrical falling/rising?

As of 02-Jul, Lakshmi Electrical Control Systems Ltd is experiencing a price increase, currently at 1,095.00, reflecting a rise of 14.5 or 1.34%. The stock has shown strong performance recently, gaining 6.83% over the last two days and outperforming its sector by 2.42% today. It opened with a gain of 2.27% and reached an intraday high of Rs 1105. Additionally, the stock has performed well over the past week and month, with returns of +6.73% and +12.53%, respectively. However, the company faces challenges, including a low Return on Equity (ROE) of 5.08% and negative results over the last six quarters, which may impact investor sentiment despite the recent price increase.
Broader market context indicates that while Lakshmi Electrical has outperformed the benchmark Sensex in the short term, with a 1-week return of +6.73% compared to the Sensex's +0.79%, it has significantly underperformed over the longer term. Year-to-date, the stock is down 11.26%, while the Sensex has gained 6.75%. This disparity highlights the stock's struggles despite recent gains, as it has generated a negative return of -30.00% over the past year, contrasting sharply with the broader market's performance. The combination of short-term gains and long-term underperformance suggests a complex situation for investors considering the stock.