Why is Lakshmi Mills falling/rising?

As of 23-Jul, Lakshmi Mills Company Ltd is experiencing a price increase, currently at 9,570.00, reflecting a rise of 100.0 or 1.06%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive momentum. Additionally, the delivery volume has increased significantly, rising by 71.08% compared to the 5-day average, suggesting heightened investor interest. Over the past year, the stock has generated a return of 57.14%, outperforming the BSE500 index, and its profits have increased by 68.7%. However, it is important to note that the company has a weak long-term fundamental strength, with a low average Return on Capital Employed (ROCE) of 1.80% and slow net sales growth of 3.80% over the past five years.
In the broader market context, the stock's short-term performance has been slightly negative, with a 1-week return of -0.29%, while the Sensex has gained 0.11% in the same period. Despite this, Lakshmi Mills has outperformed the benchmark significantly over longer periods, including a 10.82% return over the last month compared to the Sensex's 1.01%. The stock's liquidity is adequate for trading, but the minimal stake held by domestic mutual funds may indicate a lack of confidence in the company's valuation or business prospects. Overall, while the stock is rising currently, its long-term growth potential remains a concern for some investors.