Why is Lokesh Mach. falling/rising?

As of 27-Jun, Lokesh Machines Ltd is experiencing a decline in its stock price, currently at Rs 181.90, which reflects a decrease of Rs 2.55 or 1.38%. The stock has underperformed its sector by 2.26% today, following a trend reversal after four consecutive days of gains. It opened with a gain of 2.87% but has since touched an intraday low of Rs 177.1, indicating high volatility with an intraday fluctuation of 5.4%. Despite a significant rise in delivery volume by 63.04% on June 26, the stock's year-to-date performance remains poor at -41.51%, and it has seen a substantial decline of 56.36% over the past year.
In the broader market context, while the Sensex has gained 2.00% over the past week, Lokesh Machines Ltd has outperformed with a return of 9.35% in the same period. However, its long-term performance shows a stark contrast, with a year-to-date decline compared to the Sensex's increase of 7.58%. This disparity highlights the stock's struggles despite recent short-term gains, suggesting that investor sentiment may be cautious, particularly given the stock's recent volatility and underperformance relative to the sector.