Why is Lakshmi Mills falling/rising?

As of 25-Jul, Lakshmi Mills Company Ltd's stock price is currently at Rs 9,780.00, reflecting a decrease of Rs 74.2, or 0.75%. Despite this decline, the stock has shown strong performance in the past week, with a return of 1.90%, and a notable increase of 6.79% over the past month. The stock is currently trading close to its 52-week high, just 2.85% away, and has outperformed its sector by 2.12% today. However, the recent price drop follows two consecutive days of gains, indicating a potential trend reversal. While the stock has generated a substantial return of 59.02% over the past year, its long-term fundamentals are weak, with a low Return on Capital Employed (ROCE) of 0.2 and slow net sales growth of 3.80% over the last five years, which may contribute to investor caution.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has seen a slight decline of 0.36% over the past week. Although Lakshmi Mills has outperformed the benchmark in the long term, including a remarkable 161.86% increase over the past three years, the textile sector overall has faced a downturn, falling by 2.97%. Additionally, the weak participation from domestic mutual funds, holding only 0.01% of the company, suggests a lack of confidence in the stock's valuation or business prospects. This combination of strong short-term performance against a backdrop of sector weakness and fundamental concerns may explain the current price movement.