Why is Latteys Industri falling/rising?

As of 18-Nov, Latteys Industries Ltd is experiencing a decline in its stock price, currently at 24.23, which reflects a decrease of 0.64 or 2.57%. The stock has underperformed its sector by 1.27% today, and while it is trading higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. Over the past week, the stock has seen a significant drop of 9.22%, and its year-to-date performance shows a decline of 24.54%. Despite the company reporting positive results for the last three consecutive quarters, including a notable operating cash flow and growth in net sales, the stock's overall performance remains weak, particularly in the long term, with a staggering 50.17% decline over the past year.
In the broader market context, the Sensex has shown resilience, gaining 0.84% over the past week and 9.58% year-to-date, contrasting sharply with Latteys Industries' performance. This divergence indicates that while the overall market is trending positively, Latteys Industries is struggling to keep pace, which may be contributing to investor sentiment that is weighing down the stock price. The majority ownership by promoters may provide some stability, but the significant underperformance relative to the benchmark suggests that investors are cautious about the company's future prospects despite recent positive financial results.