Why is Laxmi Organic falling/rising?

As of 25-Jul, Laxmi Organic Industries Ltd is currently priced at 205.00, reflecting a slight increase of 0.4 (0.2%). The stock has been gaining momentum, having outperformed its sector by 0.25% today and achieving a consecutive gain over the last three days, with a total return of 5.07% during this period. Despite a year-to-date decline of 15.62% and a significant drop of 24.48% over the past year, the stock is trading at a discount compared to its peers' average historical valuations. The company has a low Debt to Equity ratio and a fair valuation with a Price to Book Value of 3. However, it has also faced challenges, including a decline in profits by 5.8% over the past year and a negative operating profit growth rate of -2.21% over the last five years, which may contribute to investor caution.
In the broader market context, Laxmi Organic's short-term performance has been notably better than the benchmark, with a 1-week return of 3.96% compared to the Sensex's decline of 0.36%. This indicates that while the stock has been gaining in the short term, it has consistently underperformed against the benchmark over the longer term, particularly with a 3-year return of -34.96% versus the Sensex's 46.08% gain. The recent rise in investor participation, evidenced by a significant increase in delivery volume, suggests a growing interest in the stock despite its historical underperformance and negative financial results.