Why is Lokesh Mach. falling/rising?

As of 08-Jul, Lokesh Machines Ltd is experiencing a price increase, with its current price at 234.15, reflecting a change of 1.5 (0.64%) upwards. The stock has shown strong performance recently, gaining 30.96% over the last six days and outperforming its sector by 0.31% today. It opened with a significant gain of 9.99% and reached an intraday high of Rs 255.9. Despite a year-to-date decline of 24.71% and a one-year drop of 45.42%, the stock has performed exceptionally well in the short term, with a remarkable 27.71% increase over the past week and a 45.89% rise over the past month. However, the company has faced challenges, including a 96.1% drop in profits over the past year, which has contributed to its negative long-term outlook.
In the broader market context, while the Sensex has only increased by 0.02% over the past week, Lokesh Machines Ltd's short-term performance significantly outpaces this benchmark, indicating strong investor interest. Despite the recent gains, the stock has underperformed over the past year compared to the market, which has generated returns of 1.98%. The company's weak long-term fundamentals, highlighted by a low Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio, suggest that while the stock is currently rising, there are underlying issues that could impact its future performance.