Why is Lloyds Engineeri falling/rising?

As of 25-Jun, Lloyds Engineering Works Ltd is currently priced at 59.11, reflecting a slight increase of 0.04 (0.07%). The stock has been gaining for the last four days, with a total return of 5.27% during this period, although it underperformed its sector by 0.92%. In terms of returns, the stock has shown a 1-week increase of 0.61% and a significant 1-month increase of 15.52%. However, it has experienced a year-to-date decline of 12.89% and a 1-year decline of 7.00%. The company has a low Debt to Equity ratio of 0.05 times, and its net sales have grown at an annual rate of 45.86%, indicating healthy long-term growth. Despite these positive indicators, the company reported a flat performance in March 2025, with a 20.1% decrease in PAT and a 5.01% decline in net sales, which may contribute to investor caution.
In the broader market context, the stock has underperformed compared to the benchmark, with the BSE 500 generating returns of 3.43% over the past year while Lloyds Engineering Works Ltd has returned -7.00%. This underperformance, coupled with a relatively low stake held by domestic mutual funds at 0.31%, suggests a lack of confidence in the stock's current valuation, which is considered expensive with a Price to Book Value of 10.7. The stock's recent gains may be attributed to rising investor participation, as indicated by a 19.46% increase in delivery volume, but the overall sentiment remains cautious due to the company's mixed financial results and high valuation compared to peers.