Why is Lak. Fin. & Indl falling/rising?

As of 14-Aug, Lakshmi Finance & Industrial Corporation Ltd is experiencing a decline in its stock price, currently at 201.90, which reflects a decrease of 4.34 or 2.1%. The stock has underperformed its sector today by 1.07%, and its delivery volume has fallen significantly, down 23.04% compared to the 5-day average. Over the past week, the stock has decreased by 0.76%, and it has shown a more substantial decline of 6.55% over the past month. The stock's performance over the last year has also been poor, with a return of -11.68%, while its profits have plummeted by 79.7%. The company has declared negative results for the last three consecutive quarters, contributing to its weak long-term fundamental strength, as indicated by a low return on equity (ROE) of 4.3%.
In the broader market context, the stock has underperformed compared to the benchmark, with the Sensex showing a slight gain of 0.14% over the past week, while Lakshmi Finance's performance has been negative. The stock's year-to-date return of -14.26% starkly contrasts with the Sensex's positive return of 4.17%. This significant underperformance highlights the challenges faced by the company, including a trading premium compared to its peers and weak financial results, which have led to a lack of investor confidence and participation in the stock.