Why is Lorenzini Appar. falling/rising?

As of 11-Aug, Lorenzini Apparels Ltd is currently priced at 10.35, reflecting an increase of 0.13 or 1.27%. Despite this daily uptick, the stock has shown a significant decline over the past week and month, with returns of -10.00% and -13.10%, respectively. The stock is trading below its moving averages across various timeframes, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 173.75% against the five-day average, suggesting some renewed interest. The company boasts a high return on equity (ROE) of 24.20% and a low debt-to-EBITDA ratio of 0.75, which are positive indicators of management efficiency and financial health. Nevertheless, the company reported a substantial loss in profit after tax (PAT) for the quarter, which has fallen dramatically, raising concerns about its profitability and valuation.
In the broader market context, Lorenzini Apparels has underperformed significantly compared to the benchmark, with a year-to-date return of -42.85% against the Sensex's positive return of +3.15%. Over the past year, while the market has seen a slight decline of -1.85%, Lorenzini's stock has plummeted by -56.03%, highlighting its struggles relative to the overall market. This stark contrast emphasizes the challenges the company faces, despite some positive operational metrics. The combination of declining profitability and underperformance against the benchmark suggests that investor sentiment remains cautious, contributing to the stock's recent volatility.