Why is Laxmi Cotspin falling/rising?

As of 26-Sep, Laxmi Cotspin Ltd's stock price is currently at 22.76, reflecting a decrease of 1.44, or 5.95%. The stock has underperformed its sector by 4.06% today, 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 decline in investor participation, with delivery volume dropping by 66.22% compared to the 5-day average. Over the past week, the stock has decreased by 7.03%, and it has experienced a substantial decline of 27.75% year-to-date. While the company reported positive results for the quarter ending June 25, with a 105.80% growth in PAT and a 66.36% increase in net sales, the overall trend shows a concerning return of -38.59% over the past year, indicating a decline in profitability.
In the broader market context, Laxmi Cotspin's performance contrasts sharply with the benchmark Sensex, which has only declined by 2.65% over the past week and has gained 4.27% year-to-date. This underperformance is compounded by weak long-term fundamentals, including a low average return on capital employed and a high debt-to-EBITDA ratio, which raises concerns about the company's ability to service its debt. The stock's long-term growth has been lackluster, with net sales growing at an annual rate of only 7.46% over the last five years. Overall, these factors contribute to a negative outlook for Laxmi Cotspin, reinforcing its status as a strong sell in the current market environment.