Why is Lorenzini Appar. falling/rising?

As of 18-Sep, Lorenzini Apparels Ltd is currently priced at 11.73, reflecting an increase of 0.09 or 0.77%. The stock has been gaining for the last three days, with a total return of 3.99% during this period. However, despite this recent uptick, the stock has underperformed significantly over the longer term, with a year-to-date decline of 35.23% and a staggering 66.72% drop over the past year. The company exhibits high management efficiency with a return on equity (ROE) of 24.20% and a low debt to EBITDA ratio of 0.75, indicating a strong ability to service debt. Nevertheless, negative financial results reported for June, including a 48.4% fall in profit after tax and the lowest net sales recorded, raise concerns about the company's performance, contributing to its overall decline in value.
In the broader market context, the stock's short-term performance of 1.47% over the past week is slightly below the benchmark Sensex, which has risen by 1.80% during the same period. While the stock has outperformed its sector by 0.57% today, its long-term performance remains troubling, especially when compared to the BSE500, which has only declined by 1.96% over the past year. This stark contrast highlights the challenges Lorenzini Apparels Ltd faces in regaining investor confidence, particularly given its recent negative earnings report and the significant drop in delivery volume, which fell by 34.79% against the five-day average.