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

As of 03-Nov, Lakshmi Finance & Industrial Corporation Ltd is experiencing a decline in its stock price, currently at 203.93, which reflects a decrease of 11.14 (-5.18%). The stock has underperformed its sector by 5.92% today, and its delivery volume has significantly dropped by 84.86% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -21.72%, while profits have plummeted by 79.7%. The company has also reported negative results for the last three consecutive quarters, with a notable decline in both profit after tax and net sales, contributing to its weak long-term fundamental strength.
In the broader market context, the stock's short-term performance has been relatively poor compared to the benchmark, as it has shown a slight increase of 0.12% over the past week, while the Sensex has decreased by 0.78%. Despite the stock trading at a premium compared to its peers' average historical valuations, its average return on equity stands at a low 4.3%, which is below the market average of 9.63%. This combination of weak financial performance and negative market sentiment has led to the stock's decline, as it continues to underperform the broader market, which has generated positive returns of 3.92% over the last year.