Why is Lakshmi Engg. falling/rising?

As of 14-Jul, Lakshmi Engineering & Warehousing Ltd is experiencing a decline in its stock price, currently at Rs 2,239.90, reflecting a decrease of Rs 40.1 or 1.76%. Today's price summary indicates that the stock opened with a gain of 2.18%, reaching an intraday high of Rs 2,329.6, but ultimately fell to a low of Rs 2,200, resulting in a weighted average price closer to this lower point. Over the past week, the stock has underperformed with a return of -2.40%, while its performance over the last month shows a decline of -3.33%. Additionally, the company has reported poor long-term growth, with operating profit decreasing at an annual rate of -37.11% over the last five years, and a significant drop in profits by -59.5% over the past year, contributing to its negative performance.
In the broader market context, the stock has underperformed compared to the benchmark Sensex, which has gained 1.40% over the past month. While the stock has outperformed its sector by 0.87% today, the overall trend remains negative, with a year-to-date decline of -8.54% against the Sensex's positive return of 5.27%. The falling investor participation, indicated by a 54.26% drop in delivery volume, further exacerbates the stock's challenges. The stock's high valuation, with a Price to Book Value of 6.9, coupled with low returns on equity and capital, suggests that it is trading at a premium compared to its peers, which may deter potential investors and contribute to the ongoing decline in its price.