Why is Laxmi Cotspin falling/rising?

As of 24-Sep, Laxmi Cotspin Ltd's stock price is currently at 24.37, reflecting a decrease of 0.4, or 1.61%. The stock has underperformed its sector today by 1.18%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 86.94% compared to the 5-day average. Over the past year, the stock has generated a return of -35.61%, and its profits have declined by 36%. While there were positive results reported in June, such as a 105.80% growth in PAT and a 66.36% increase in net sales, the overall long-term fundamentals remain weak, with a low return on capital employed and poor growth rates.
In the broader market context, Laxmi Cotspin's short-term return of +0.25% over the past week contrasts with a decline of 1.08% in the Sensex, indicating some relative strength in the very short term. However, the stock has significantly underperformed the benchmark over longer periods, including a -4.09% return over the past month and a -22.63% year-to-date performance, compared to the Sensex's gains. The company's high debt to EBITDA ratio and weak long-term growth prospects further contribute to its negative outlook, reinforcing the perception that it is a strong sell despite some recent positive financial metrics.