Why is Lloyds Engineeri falling/rising?

As of 31-Jul, Lloyds Engineering Works Ltd's stock price is currently at Rs 71.85, reflecting an increase of Rs 1.25 or 1.77%. Today's price summary indicates that the stock initially opened lower, down by 2.93%, but managed to touch an intraday high of Rs 72.79, showing a recovery of 3.1%. Despite this, the stock has underperformed in the short term, with a 1-week return of -4.28% compared to the Sensex's -1.22%. However, the stock has demonstrated strong long-term growth, with net sales increasing at an annual rate of 54.11% and operating profit rising by 86.24%. The company also maintains a low debt-to-equity ratio of 0.05, which supports its financial stability.
In the broader market context, while Lloyds Engineering's short-term performance has been negative, it has outperformed the sector by 2.06% today. The stock's year-to-date return stands at +5.89%, which is significantly higher than the Sensex's +3.90%. This suggests that despite recent volatility, the stock has shown resilience and potential for growth compared to the overall market. The increase in investor participation, with a notable rise in delivery volume, further indicates a positive sentiment among investors, which may contribute to the stock's upward movement despite its recent fluctuations.