Why is Libas Consumer falling/rising?

As of 03-Sep, Libas Consumer Products Ltd is currently priced at 11.80, reflecting an increase of 0.14 or 1.2%. Despite this slight uptick today, the stock has shown a negative performance over the past week, down 3.04%, and has significantly underperformed the benchmark Sensex, which has seen a marginal increase of 0.01%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, while the stock has a very attractive valuation with a return on equity of 10.9% and a price-to-book value of 0.4, it has experienced a substantial decline in profits, with an 81.1% drop over the past year. This combination of attractive valuation and poor profit performance contributes to a mixed outlook for the stock.
In the broader market context, Libas Consumer's recent performance contrasts sharply with the benchmark, as it has generated a return of -37.27% over the past year, while the Sensex has increased by 4.53%. The stock's long-term fundamentals are weak, evidenced by a -6.69% compound annual growth rate in operating profits over the last five years. Furthermore, the company's recent financial results have been disappointing, with the latest six-month profit after tax showing a decline of 74.09% and net sales at their lowest. This underperformance in both the short and long term, coupled with a lack of institutional support among majority shareholders, suggests that the stock may continue to face challenges moving forward.