Why is Lloyds Enterpris falling/rising?

As of 11-Aug, Lloyds Enterprises Ltd is experiencing a decline in its stock price, currently at 78.34, reflecting a decrease of 5.5 points or 6.56%. The stock has underperformed its sector today by 7.91% and has been on a consecutive downward trend for the last two days, resulting in a total drop of 7.73% during this period. Despite a strong long-term performance with a 106.81% return over the past year, recent financial results indicate a significant decline in profitability, with profit before tax and profit after tax falling by 56.51% and 55.0%, respectively. This has contributed to a perception of overvaluation, as the stock is trading at a premium compared to its peers, which may deter investor confidence.
In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with a 1-week return of -6.47% compared to the Sensex's -0.51%. This stark contrast highlights the stock's struggles in the current market environment, despite its impressive long-term growth metrics. Additionally, the falling investor participation, as evidenced by a 41.5% drop in delivery volume, suggests a lack of confidence among investors, further exacerbating the stock's decline. Overall, while Lloyds Enterprises has shown strong historical growth, recent financial setbacks and market dynamics are driving its current price decrease.