Why is Lak. Electrical falling/rising?

As of 14-Jul, Lakshmi Electrical Control Systems Ltd is experiencing a decline in its stock price, currently at Rs 1,100.00, which reflects a decrease of Rs 30.0 or 2.65%. The stock has been underperforming, having fallen consecutively for the last six days, resulting in a total decline of 9.24% during this period. Today's trading saw the stock hit an intraday low of Rs 1,071, and it has underperformed its sector by 2.21%. Over the past week, the stock has dropped by 7.46%, while it has shown a modest gain of 11.68% over the past month. However, the long-term performance remains concerning, with a year-to-date decline of 10.86% and a staggering 28.10% drop over the past year. The company's low return on equity of 5.08% and negative results over the last six quarters indicate poor management efficiency and profitability, contributing to the stock's recent downward trend.
In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with the Sensex only declining by 1.42% over the same week. While the market has shown a slight positive return of 1.40% over the past month, Lakshmi Electrical's performance has been notably weak, reflecting a broader trend of underperformance against the market, which has generated a return of 0.26% over the past year. The company's high valuation relative to its peers, coupled with a low growth rate in net sales and a significant drop in profits, further exacerbates investor concerns, leading to decreased participation and liquidity in trading.