Why is Laxmi Organic falling/rising?

As of 24-Jul, Laxmi Organic Industries Ltd is currently priced at Rs 204.60, reflecting an increase of Rs 1.65 or 0.81%. The stock has shown positive momentum recently, gaining 4.87% over the last two days and outperforming its sector by 0.37%. In the past week, the stock has risen by 2.58%, while it has increased by 5.11% over the past month. However, despite these short-term gains, the stock has underperformed significantly over the longer term, with a year-to-date decline of 15.79% and a one-year drop of 22.04%. The company has a low Debt to Equity ratio, which is a positive factor, but it also faces challenges such as poor long-term growth, negative recent results, and consistent underperformance against benchmarks over the last three years.
In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week and a modest increase of 0.16% over the past month, indicating that Laxmi Organic's recent gains are somewhat isolated from the overall market trend. While the stock has outperformed the sector in the short term, its long-term performance remains concerning, particularly given its negative profit growth and low return on capital employed. This mixed performance suggests that while there may be short-term investor interest, the underlying fundamentals of the company could be limiting its potential for sustained growth.