Why is Lloyds Enterpris falling/rising?

As of 02-Jul, Lloyds Enterprises Ltd is experiencing a decline in its stock price, currently at Rs 83.39, which reflects a decrease of Rs 5.17 or 5.84%. The stock has underperformed its sector today by 5.92% and has been on a consecutive downward trend for the last two days, with a total drop of 6.15%. Despite a strong performance over the past year, where it generated a return of 159.14%, recent financial indicators show a concerning trend, including a significant decline in profit after tax by 53.51%. Additionally, the stock has seen a drop in investor participation, with delivery volume falling by 59.45% against the five-day average, which may indicate waning confidence among investors.
In the broader market context, while Lloyds Enterprises has outperformed the Sensex with a one-week return of 6.51% compared to the benchmark's 0.79%, the recent price drop suggests that investors are reacting to the company's deteriorating profit margins and high valuation relative to peers. The stock's high volatility today, with an intraday fluctuation of 5.28%, further reflects market uncertainty. Despite its strong historical growth and being the largest company in its sector, the low stake held by domestic mutual funds at only 0.28% may indicate a lack of confidence in the stock's current valuation, contributing to its recent price decline.