Why is Lokesh Mach. falling/rising?

As of 17-Jul, Lokesh Machines Ltd is experiencing a decline in its stock price, currently at Rs 215.10, which reflects a decrease of Rs 4.9 or 2.23%. The stock has underperformed its sector today by 2.67%, with an intraday high of Rs 224.8 and a low of Rs 214.1. Over the past week, the stock has decreased by 5.58%, while it has shown a significant increase of 22.84% over the past month. However, the stock has faced a substantial decline of 49.97% over the past year, with profits falling dramatically by 96.1%. Despite an increase in promoter confidence, as they raised their stake by 1.41%, the overall weak long-term fundamentals, including a high Debt to EBITDA ratio and declining operating profits, contribute to the stock's negative performance.
In the broader market context, the Sensex has shown a modest decline of 1.12% over the past week, indicating that the stock's short-term performance is worse than the benchmark. While the stock has been liquid enough for trading, the falling investor participation, with a decrease in delivery volume, suggests a lack of confidence among investors. The company's negative results in recent quarters and its significant underperformance compared to the market further highlight the challenges it faces, leading to the current downward trend in its stock price.