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

As of 26-Aug, Lakshmi Finance & Industrial Corporation Ltd is experiencing a decline in its stock price, currently at 204.22, which reflects a decrease of 2.53 or 1.22%. The stock has underperformed in the short term, with a 1-week return of -5.01% and a 1-month return of -6.02%. Today's performance indicates that it has outperformed its sector by 0.38%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has significantly decreased, with delivery volume falling by 94.07% compared to the 5-day average. The company has reported negative results for the last three consecutive quarters, with a substantial drop in profits by 79.7%, contributing to a weak long-term fundamental outlook.
In the broader market context, the stock's performance contrasts with the benchmark Sensex, which has shown a slight decline of only 1.08% over the past week. While Lakshmi Finance has faced a year-to-date decline of 13.28%, the Sensex has gained 4.51% during the same period. This disparity highlights the stock's struggles relative to the overall market. The company's return on equity (ROE) of 4.3 suggests fair valuation, but it is trading at a premium compared to its peers, further complicating its attractiveness to investors. Overall, the combination of declining sales, negative profit growth, and weak investor interest is driving the stock's downward movement.