Why is Lorenzini Appar. falling/rising?

As of 24-Sep, Lorenzini Apparels Ltd is currently priced at 11.51, reflecting an increase of 0.12 or 1.05%. The stock has shown a trend reversal, gaining after two consecutive days of decline. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -1.12% compared to the Sensex's -1.18%. Over the past month, however, it has outperformed the benchmark with a return of +4.64% against the Sensex's +0.50%. The stock's management efficiency is notable, with a high return on equity (ROE) of 18.93% and a low debt-to-equity ratio of 0.08, but it has faced significant challenges, including a substantial decline in net sales and profit after tax in the latest quarter.
Broader Market Context: In the last year, Lorenzini Apparels has significantly underperformed the broader market, with a return of -62.93% compared to the BSE500's -5.32%. This stark contrast highlights the stock's struggles despite a recent uptick in price. The stock's liquidity remains adequate for trading, but a notable decline in delivery volume suggests falling investor participation, which may hinder sustained upward momentum. Overall, while the stock has shown some positive movement recently, the broader context of its poor performance over the past year and negative financial results raises concerns about its future trajectory.