Why is Lakshmi Engg. falling/rising?

As of 02-Jul, Lakshmi Engineering & Warehousing Ltd's stock price is currently at 2,380.00, reflecting a decrease of 20.0, or 0.83%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 13.35% during this period. Additionally, the stock has shown a negative return of 2.86% over the past week, while it has gained 3.79% over the past month. However, its long-term performance remains concerning, with a significant drop of 21.80% over the past year, and a troubling annual operating profit decline of 37.11% over the last five years. The stock's valuation appears expensive compared to its peers, with a Price to Book Value of 7.3, and its return on equity is low at 3.9.
In the broader market context, the stock has notably underperformed against the benchmark Sensex, which has gained 0.79% over the past week and 2.50% over the past month. While the market has generated a return of 3.11% over the last year, Lakshmi Engineering's negative return of 21.80% highlights its struggles. The stock's liquidity is adequate for trading, but a significant drop in delivery volume by 51.59% against the five-day average indicates falling investor participation, which may further contribute to the stock's downward pressure.