Why is Lloyds Enterpris falling/rising?

As of 22-Jul, Lloyds Enterprises Ltd is experiencing a decline in its stock price, currently at 81.81, reflecting a decrease of 0.5 or 0.61%. The stock has shown a trend reversal, falling after two consecutive days of gains. Despite this recent drop, the stock has demonstrated strong performance over the longer term, with a 1-month return of +16.56% and an impressive year-to-date return of +65.98%. However, the company's profitability has come under scrutiny, with a significant decline in profit after tax (PAT) of -53.51% over the past nine months, which may be contributing to the current price movement. Additionally, while the stock has a low debt-to-equity ratio and has shown healthy long-term growth in net sales and operating profit, its high valuation relative to peers and the low stake held by domestic mutual funds may indicate concerns about its current price level.
In the broader market context, the stock's short-term performance has been notably weaker compared to the benchmark, with a 1-week return of -5.56% against the Sensex's -0.47%. This underperformance may reflect investor sentiment and market conditions that are impacting Lloyds Enterprises specifically. The rising investor participation, indicated by a 43.49% increase in delivery volume, suggests some level of interest despite the recent price decline. Overall, while the stock has shown consistent returns over the past three years, the recent drop in profitability and high valuation may be causing investors to reassess their positions, leading to the current downward movement in stock price.