Why is Lokesh Mach. falling/rising?

As of 02-Jul, Lokesh Machines Ltd is experiencing a price increase, currently at Rs 191.90, reflecting a rise of Rs 8.55 or 4.66%. The stock has shown strong performance recently, outperforming its sector by 5.16% today and achieving a consecutive gain over the last two days with a total return of 7.33%. Additionally, the stock has performed well over the past week and month, with returns of 5.47% and 16.13%, respectively. However, despite these recent gains, the stock has significantly underperformed over the past year, with a decline of 54.78% and a concerning drop in profits by 96.1%. The stock is trading at a discount compared to its peers, but it also faces challenges such as a high Debt to EBITDA ratio and negative results over the last two quarters.
In the broader market context, Lokesh Machines Ltd's recent performance contrasts sharply with the benchmark Sensex, which has only increased by 0.79% over the past week and 2.50% over the past month. While the stock has shown positive short-term returns, its long-term fundamentals remain weak, as indicated by a low average Return on Capital Employed (ROCE) and poor growth in net sales. The stock's liquidity appears sufficient for trading, but the overall negative sentiment from its long-term performance and recent financial results may continue to weigh on investor confidence despite the recent uptick in price.