Why is Lakshmi Mills falling/rising?

As of 27-Jun, Lakshmi Mills Company Ltd is experiencing a slight increase in its stock price, currently at Rs 9,200.00, reflecting a change of 5.0 (0.05%) upward. The stock has shown strong performance over various periods, with a remarkable 87.39% return over the past year and a 162.86% increase over the last three years. However, today the stock underperformed its sector by 0.68%, and despite a two-day consecutive gain of 0.46%, it touched an intraday low of Rs 9,006.25, indicating some volatility. The stock is trading above all key moving averages, but there has been a significant drop in delivery volume, which fell by 66.73% against the five-day average, suggesting a decline in investor participation. While the stock is trading at a discount compared to its peers, its long-term fundamental strength is questioned due to a low average Return on Capital Employed (ROCE) of 1.80% and weak growth in net sales.
In the broader market context, the stock has outperformed the benchmark Sensex significantly over the past year, with a return of 87.39% compared to the Sensex's 6.08%. This strong performance in the long term contrasts with the recent underperformance in the sector, highlighting a potential divergence between market sentiment and the stock's fundamentals. The company's weak ability to service its debt and low domestic mutual fund holdings may indicate caution among investors, which could be contributing to the recent fluctuations in stock price despite its historical performance.