Why is Laxmi Organic falling/rising?

As of 15-Sep, Laxmi Organic Industries Ltd is currently priced at 222.95, reflecting an increase of 1.75 (0.79%). The stock has shown a positive trend today, having gained after three consecutive days of decline. It outperformed its sector by 0.74% and reached an intraday high of Rs 240.6, marking an 8.77% increase. Over the past week, the stock has risen by 4.79%, and in the last month, it has surged by 21.90%. However, despite these short-term gains, the company has faced challenges, including a significant decline in operating profit over the last five years and a negative PAT growth of 45.14% in the latest six months. The stock's low debt-to-equity ratio and majority ownership by promoters are positive factors, but the overall poor long-term growth prospects and consistent underperformance against benchmarks raise concerns.
In the broader market context, Laxmi Organic's recent performance contrasts with the benchmark, as it has outperformed the Sensex in the short term, particularly over the past week and month. However, the stock has underperformed the benchmark over the longer term, with a year-to-date return of -8.23% compared to the Sensex's 4.67%. This consistent underperformance over three years, coupled with a significant drop in profits, indicates that while there may be short-term optimism reflected in today's price movement, the long-term outlook remains challenging for Laxmi Organic Industries Ltd.