Why is Lakshmi Mills falling/rising?

As of 22-Sep, Lakshmi Mills Company Ltd's stock price is currently at Rs 8,660.00, reflecting a decrease of Rs 89.75, or 1.03%. Today's price summary indicates that the stock opened with a gain of 2.29% but subsequently reached a day's low of Rs 8,558, resulting in an overall underperformance against its sector by 0.32%. Over the past week, the stock has declined by 1.37%, and over the last month, it has fallen by 5.88%. While the stock has shown strong long-term performance with a year-to-date return of 21.24% and a one-year return of 28.14%, it has also faced challenges, including a significant drop in profits of 134.7% and a weak return on capital employed (ROCE) of 0.2. This combination of factors suggests that despite its attractive valuation compared to peers, the stock's recent price movement is influenced by declining profitability and weak investor confidence. In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex gaining 0.46% over the past week while Lakshmi Mills has decreased. This underperformance may reflect broader market sentiments and investor caution, particularly given the company's weak fundamentals, such as a poor EBIT to interest ratio and low domestic mutual fund holdings. The stock's liquidity appears adequate for trading, but the falling investor participation, indicated by a 57.47% drop in delivery volume, further underscores the challenges it faces in maintaining upward momentum in the current market environment.