Why is Laxmi Organic falling/rising?

As of 05-Sep, Laxmi Organic Industries Ltd is currently priced at Rs 211.50, reflecting a decline of -2.55 (-1.19%). The stock has been experiencing a downward trend, having fallen for the last two consecutive days with a total return of -2.56% during this period. Despite this recent decline, the stock has shown a positive performance over the past week and month, with returns of +4.73% and +10.82%, respectively. However, the company has reported poor long-term growth, with an operating profit decline of -17.98% over the last five years and a significant drop in profitability metrics, including a -74.3% fall in profit before tax in the most recent quarter. The stock's low debt-to-equity ratio and majority ownership by promoters may provide some stability, but the overall negative financial indicators contribute to its recent price movement.
In the broader market context, Laxmi Organic's short-term performance has outpaced the benchmark Sensex, which has only increased by +1.13% over the past week. However, the stock has significantly underperformed against the benchmark over the longer term, with a year-to-date return of -12.95% compared to the Sensex's +3.29%. This consistent underperformance, alongside a lack of investor participation indicated by a -15.09% drop in delivery volume, suggests that market sentiment towards Laxmi Organic is currently negative. The stock's valuation appears expensive relative to its earnings, further complicating its appeal to investors amidst a backdrop of declining profits and operational challenges.