Why is Lak. Electrical falling/rising?

As of 02-Sep, Lakshmi Electrical Control Systems Ltd is experiencing a price increase, currently at Rs 992.00, reflecting a rise of Rs 47.0 or 4.97%. The stock has shown positive momentum, gaining 5.76% over the last three days and outperforming its sector by 4.69% today. Despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 19.61% and a one-year drop of 28.64%. The company has a low Debt to Equity ratio, which is a positive factor, but it also faces challenges such as poor management efficiency indicated by a low Return on Equity (ROE) of 5.08% and negative results for the last seven consecutive quarters, which may contribute to investor caution.
Broader market context shows that while Lakshmi Electrical has performed better than the benchmark Sensex in the short term, with a weekly return of 2.80% compared to the Sensex's decline of 0.78%, the stock's long-term performance remains concerning. The stock's significant underperformance over the past year, with a return of -28.64% against the Sensex's -2.91%, highlights ongoing investor skepticism. Additionally, the falling investor participation, as evidenced by a 46.67% drop in delivery volume, suggests that despite recent gains, there may be underlying issues affecting confidence in the stock's future performance.