Why is LKP Finance falling/rising?

As of 15-Jul, LKP Finance Ltd's stock price is currently at Rs 533.00, reflecting a decrease of Rs 3.00 or 0.56%. The stock has underperformed its sector today, with a notable decline in investor participation, as evidenced by a 49.29% drop in delivery volume compared to the 5-day average. Despite a strong long-term performance with a 191.66% return over the past year, recent financial results indicate significant operating losses, including a PAT of Rs -20.44 crore, which has fallen dramatically compared to previous quarters. Additionally, the promoters have reduced their stake by 35.37%, suggesting a lack of confidence in the company's future prospects.
In the broader market context, LKP Finance's short-term performance has been relatively weak, with a 1-week return of -0.56%, compared to a -1.36% decline in the Sensex, indicating that it has outperformed the benchmark slightly. However, the stock's long-term returns remain impressive, significantly exceeding the Sensex's 5.67% year-to-date return and the 2.36% return over the past year. The combination of declining investor confidence, poor recent financial performance, and reduced promoter stakes may be contributing to the stock's current downward movement, despite its historical outperformance.