Why is Laxmi Organic falling/rising?

As of 21-Aug, Laxmi Organic Industries Ltd is experiencing a decline in its stock price, currently at Rs 214.10, down by Rs 3.65 or 1.68%. The stock has underperformed its sector by 2.3% today and has been on a consecutive downward trend for the last two days, with a total drop of 5.39% during this period. Despite trading above its moving averages for 5, 20, 50, 100, and 200 days, the stock's delivery volume has significantly decreased by 55.01% compared to the 5-day average, indicating falling investor participation. Additionally, the company has shown poor long-term growth, with an operating profit decline of 17.98% over the past five years and negative financial results reported for June 25, including a 74.3% drop in profit before tax.
In the broader market context, Laxmi Organic's short-term performance has been relatively strong, with a 17.09% increase over the past week, compared to a modest 1.74% rise in the Sensex. However, the stock has consistently underperformed against the benchmark over the last three years, with a 21.24% decline in the past year while the Sensex has gained 1.35%. This consistent underperformance, coupled with a low return on equity of 6 and an expensive valuation reflected by a price-to-book ratio of 3.1, suggests that investors may be cautious about the stock's future prospects, contributing to its current price decline.