Why is Lokesh Mach. falling/rising?

As of 31-Jul, Lokesh Machines Ltd is experiencing a decline in its stock price, currently at Rs 200.40, which reflects a decrease of Rs 4.9 or 2.39%. The stock has underperformed its sector by 1.86% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.39%. It opened with a significant loss of 7.45% and reached an intraday low of Rs 190. The stock's performance over the past week shows a decline of 2.95%, while it has seen a more substantial drop of 52.85% over the past year. Despite a positive return of 9.30% over the last month, the overall trend remains negative, compounded by a significant fall in profits of 96.1% over the past year. The company has also reported negative results for the last two consecutive quarters, contributing to a weak long-term fundamental strength.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 1.22% over the past week and has generated a positive return of 3.90% year-to-date. This stark difference highlights the stock's underperformance, particularly given that the company has a high Debt to EBITDA ratio of 3.18 times and a low Return on Capital Employed (ROCE) of 4.3, indicating challenges in servicing debt and generating returns. The overall market has shown resilience compared to Lokesh Machines Ltd, which has struggled with poor sales growth and declining profitability, further exacerbating investor concerns and leading to a lack of participation in trading.