Why is Lloyds Engineeri falling/rising?

As of 13-Nov, Lloyds Engineering Works Ltd is experiencing a decline in its stock price, currently at Rs 57.38, down by 1.4 points or 2.38%. Today's price summary indicates that the stock has underperformed its sector by 1.83% and has fallen after two consecutive days of gains. The stock reached an intraday high of Rs 60.89 but also touched a low of Rs 57.1, with trading volume skewed towards the lower price. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. Despite a low debt-to-equity ratio and healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive relative to its peers, contributing to its recent downward movement.
In the broader market context, the stock has significantly underperformed the benchmark, with a one-year return of -7.01% compared to the Sensex's gain of 8.74%. This underperformance is further highlighted by the stock's negative returns over the past month and year-to-date, while the market has shown positive growth. The limited interest from domestic mutual funds, holding only 0.27% of the company, may indicate a lack of confidence in the stock's current valuation, which could be influencing its price decline. Overall, the combination of poor short-term performance, high valuation metrics, and reduced investor participation has contributed to the stock's falling price.