Why is Libas Consumer falling/rising?

As of 09-Sep, Libas Consumer Products Ltd is currently priced at 11.90, reflecting a decrease of 0.13 or 1.08%. The stock has shown a mixed performance recently, with a 2.06% increase over the past week and a 7.69% rise over the past month. However, it has significantly underperformed in the longer term, with a year-to-date decline of 26.22% and a staggering 43.95% drop over the past year. Today's price summary indicates that the stock underperformed its sector by 1.1%, although there has been a notable increase in investor participation, with delivery volume rising by 202.1% against the 5-day average. Despite a very attractive valuation with a ROE of 10.9 and a low Price to Book Value of 0.4, the stock's recent performance is marred by a significant decline in profits, which have fallen by 81.1% over the past year.
In the broader market context, the stock's short-term performance of +2.06% over the past week outpaces the Sensex's gain of +1.18%, indicating some relative strength in the immediate term. However, the long-term picture is concerning, as Libas has underperformed the benchmark indices over various periods, including a -54.05% return over the last three years compared to the Sensex's +39.45%. This underperformance, coupled with weak long-term fundamentals and declining operating profits, suggests that while there may be short-term fluctuations, the overall outlook for Libas Consumer Products Ltd remains negative.