Why is Libas Consumer falling/rising?

As of 04-Sep, Libas Consumer Products Ltd is currently priced at 11.88, reflecting an increase of 0.08 or 0.68%. Despite this slight uptick, the stock has shown a negative performance over the past week and month, with returns of -0.08% and -3.26%, respectively. The stock is trading above its 5-day moving average but below its longer-term moving averages, indicating mixed short-term momentum. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 39% compared to the 5-day average. The stock's valuation appears attractive with a Price to Book Value of 0.4, yet it has suffered a substantial decline in profits, down 81.1% over the past year, contributing to its overall negative performance.
In the broader market context, Libas has underperformed relative to the Sensex, which has gained 0.95% over the past week. The stock's year-to-date return of -26.35% starkly contrasts with the Sensex's positive return of 4.61%. This underperformance is compounded by weak long-term fundamentals, including a -6.69% CAGR growth in operating profits over the last five years and a significant drop in net sales. The flat results reported for the latest quarter, including a PAT of Rs 1.49 crore and an EPS of Rs -0.63, further highlight the challenges the company faces, reinforcing the perception of it being a strong sell.