Why is Lakhotia Poly. falling/rising?

As of 31-Oct, Lakhotia Polyesters (India) Ltd is experiencing a price increase, currently at Rs 105.80, reflecting a rise of 5.0 (4.96%). The stock has shown a trend reversal, gaining after 11 consecutive days of decline. It outperformed its sector by 6.01% today and reached an intraday high of Rs 105.80. Despite this positive movement, the stock has faced significant declines over the past week and month, with returns of -14.44% and -11.80%, respectively. The company has reported strong financial results over the last four quarters, with net sales growing by 134.03% and a staggering 1,337.50% increase in profit after tax. However, concerns remain due to weak long-term fundamental strength, highlighted by a -196.34% CAGR growth in operating profits over the last five years and a high debt-to-EBITDA ratio.
In the broader market context, while Lakhotia Polyesters has generated a remarkable return of 303.05% over the past year, significantly outperforming the benchmark BSE500's return of 4.13%, its recent short-term performance has been lackluster compared to the Sensex, which has only declined by 0.32% over the past week. The stock's liquidity appears adequate for trading, but a notable decrease in investor participation, with delivery volume falling by 38.68% against the five-day average, raises concerns about sustained interest. Overall, while the stock has shown a positive short-term movement, the underlying financial challenges and declining investor engagement may pose risks to its future performance.