Why is Lokesh Mach. falling/rising?

As of 02-Sep, Lokesh Machines Ltd is currently priced at 205.20, reflecting an increase of 0.85 or 0.42%. The stock has shown a trend reversal by gaining after two consecutive days of decline. However, despite this recent uptick, the stock has underperformed significantly over the past year, with a return of -40.86%, compared to a -2.91% return for the Sensex. The stock's performance today is inline with its sector, but it has experienced a notable drop in investor participation, with delivery volume falling by 68.46% against the five-day average. The company's return on capital employed (ROCE) is low at 4.3, and it is trading at a discount compared to its peers, indicating attractive valuation but also highlighting the challenges it faces, including a 100.2% decline in profits over the past year.
In the broader market context, the stock's short-term return of +0.20% over the past week contrasts with the Sensex's decline of -0.78%, suggesting some relative strength in the short term. However, the stock's long-term fundamentals remain weak, with a high debt-to-EBITDA ratio and negative results reported for the last three consecutive quarters, which could deter long-term investors. The company has shown poor growth in net sales, which has only increased by 13.82% annually over the last five years, further contributing to its negative performance relative to the market. Overall, while there is a slight uptick in the stock price, the underlying fundamentals and market conditions suggest caution.