Why is Lak. Electrical falling/rising?

As of 29-Jul, Lakshmi Electrical Control Systems Ltd is experiencing a price increase, currently at 1,030.00, reflecting a rise of 19.2 (1.9%). Today's price movement indicates a trend reversal as the stock has gained after three consecutive days of decline. Although it opened with a loss of 2.55%, it reached an intraday high of Rs 1,040, showing some recovery. The stock's performance over the past week has been poor, with a decline of 7.21%, while it has shown a slight increase of 0.49% over the past month. However, the stock has significantly underperformed over the year, with a return of -35.28%. The company has a low debt-to-equity ratio, but it also suffers from poor management efficiency, as indicated by a low return on equity (ROE) of 5.08% and negative results for the last six consecutive quarters, which may contribute to investor caution despite today's uptick.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 1.03% over the past week. This indicates that while the stock is currently rising, it has still underperformed significantly compared to the market over the last year, where the Sensex has shown a positive return of 4.09% year-to-date. The stock's long-term growth prospects appear weak, with net sales growing at an annual rate of only 13.40% over the last five years, and a substantial drop in profits of 72.3% over the past year. This combination of factors suggests that while there may be short-term gains, the overall outlook for Lakshmi Electrical Control Systems Ltd remains concerning, leading to a cautious sentiment among investors.