Why is Lak. Electrical falling/rising?

As of 21-Jul, Lakshmi Electrical Control Systems Ltd is experiencing a price increase, currently at Rs 1,125.00, reflecting a rise of Rs 25.0 or 2.27%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and it outperformed its sector by 1.29%. Over the past week, the stock has increased by 2.27%, while its performance over the last month shows a significant rise of 20.85%. However, the company is facing challenges, including a low Return on Equity (ROE) of 5.08%, negative results for the last six quarters, and a substantial decline in profits by 72.3% over the past year. These factors contribute to a perception of poor management efficiency and long-term growth potential, which may temper investor enthusiasm despite the recent price increase.
In the broader market context, while Lakshmi Electrical has shown a short-term gain, it has significantly underperformed the benchmark Sensex, which has remained relatively flat at -0.06% over the past week. The stock's year-to-date performance is notably negative at -8.83%, contrasting with the Sensex's positive return of 5.20%. This underperformance highlights the stock's struggles in the face of broader market conditions, despite its recent uptick in price. The liquidity of the stock remains adequate for trading, but the falling investor participation, as indicated by a 43.34% drop in delivery volume, suggests caution among investors regarding its long-term viability.