Why is Lak. Electrical falling/rising?

As of 16-Jul, Lakshmi Electrical Control Systems Ltd's stock price is currently at Rs 1,136.65, reflecting an increase of Rs 36.55, or 3.32%. The stock has shown positive momentum recently, gaining for the last two days with a total return of 3.18% during this period. It outperformed its sector by 3.03% today and reached an intraday high of Rs 1,158.3, which is a 5.29% increase. However, despite this short-term gain, the stock has underperformed in the longer term, with a year-to-date decline of 7.89% and a significant drop of 25.42% over the past year. The company's low Return on Equity (ROE) of 5.08% and negative results over the last six quarters indicate poor management efficiency and profitability, which may be contributing to the stock's volatility.
Broader Market Context: In the short term, Lakshmi Electrical's performance has been better than the benchmark Sensex, which has declined by 1.08% over the past week, while the stock itself has decreased by only 0.73%. However, its long-term performance remains concerning, as it has significantly lagged behind the broader market, with a 1-year return of -25.42% compared to the Sensex's gain of 2.38%. This underperformance, coupled with the company's declining sales growth and low profitability metrics, suggests that while there may be short-term gains, the overall outlook for the stock remains challenging in the context of broader market trends.