Why is Lak. Electrical falling/rising?

As of 07-Jul, Lakshmi Electrical Control Systems Ltd is experiencing a decline in its stock price, currently at Rs 1,188.70, which reflects a decrease of Rs 23.3 or 1.92%. The stock has underperformed its sector by 1.68% today, marking a trend reversal after six consecutive days of gains. It reached an intraday high of Rs 1,240 but fell to a low of Rs 1,186, indicating volatility within the trading day. Over the past week, the stock has shown a positive return of 15.97%, although it has underperformed over the longer term, with a year-to-date return of -3.67% and a one-year return of -22.17%. The company has a low debt-to-equity ratio, but it also suffers from poor management efficiency, reflected in a low return on equity (ROE) of 5.08% and negative results over the last six quarters, which have contributed to its recent price movement.
Broader market context indicates that while the stock has performed well in the short term compared to the benchmark, with a 19.11% return over the past month versus the Sensex's 1.53%, it has significantly underperformed over the longer term. The stock's one-year return of -22.17% starkly contrasts with the Sensex's positive return of 4.31%, highlighting the challenges faced by Lakshmi Electrical in maintaining investor confidence. The company's declining profitability, as evidenced by a 72.3% drop in profits over the past year, coupled with its high valuation compared to peers, further exacerbates the situation, leading to a cautious outlook among investors.