Why is LMW falling/rising?

As of 23-Oct, LMW Ltd's stock price is currently at 15,809.55, reflecting an increase of 287.6 points or 1.85%. The stock has been on an upward trend, gaining for the last three consecutive days with a total return of 3.05% during this period. It has outperformed its sector by 0.92% today and reached an intraday high of Rs 15,850, which is a 2.11% increase. However, despite this short-term positive movement, the company has reported negative results for the last six consecutive quarters, with significant declines in profit after tax and net sales. The stock's valuation appears expensive compared to its peers, and it has underperformed in the long term, generating a return of -4.09% over the past year.
In the broader market context, LMW Ltd's short-term performance of +2.23% over the past week has outpaced the Sensex, which increased by 1.30% during the same period. However, the company's year-to-date performance shows a decline of -10.55%, contrasting sharply with the Sensex's gain of +8.21%. This disparity highlights the challenges LMW faces in maintaining investor confidence, particularly given its low return on equity and poor long-term growth prospects. The falling investor participation, indicated by a significant drop in delivery volume, further suggests that while the stock may be experiencing a temporary rise, the underlying fundamentals remain concerning.