Why is LKP Finance falling/rising?

As of 02-Jul, LKP Finance Ltd's stock price is currently at 522.00, reflecting a decline of 7.0 points or 1.32%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 5.09% during this period. Despite a strong long-term performance, with a remarkable 246.04% return over the past year, the company is facing significant challenges, including operating losses and a decrease in promoter confidence, as they have reduced their stake by 35.37%. Additionally, the stock's recent performance has been impacted by a sharp decline in delivery volume, which fell by 74.35% against the 5-day average, indicating reduced investor participation.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has gained 0.79% over the past week compared to LKP Finance's modest increase of 0.48%. While the stock has outperformed the benchmark over longer periods, the recent negative financial results, including a significant drop in profit after tax and cash reserves, have raised concerns about its long-term viability. The combination of weak fundamentals, declining investor interest, and reduced promoter confidence suggests that the stock's recent price movement is influenced by a mix of deteriorating financial health and market sentiment.