Why is Laxmi Organic falling/rising?

As of 27-Oct, Laxmi Organic Industries Ltd is currently priced at Rs 197.85, reflecting a decline of Rs 6.35 or 3.11%. The stock has been underperforming, having fallen consecutively for the last two days, with a total drop of 4.07% during this period. It has also underperformed its sector by 3.49% today. The stock is trading below all key moving averages, indicating a bearish trend, and has seen a significant decrease in investor participation, with delivery volume dropping by 45.54% compared to the 5-day average. Additionally, the company has reported poor long-term growth, with operating profit declining at an annual rate of 17.98% over the past five years, and negative financial results in the latest quarter, which have contributed to the stock's downward movement.
In the broader market context, Laxmi Organic's short-term performance has been notably weaker than the benchmark, with a 1-week return of -2.73% compared to the Sensex's gain of 0.49%. Over the past month, the stock has decreased by 5.22%, while the Sensex has risen by 5.41%. This consistent underperformance against the benchmark, coupled with a decrease in institutional investor participation, suggests a lack of confidence in the stock's future prospects. The company's low debt-to-equity ratio may provide some comfort, but the overall negative sentiment surrounding its financial performance and growth potential continues to weigh heavily on its stock price.