Why is Lovable Lingerie falling/rising?

As of 26-Sep, Lovable Lingerie Ltd is experiencing a decline in its stock price, currently at Rs 92.63, reflecting a decrease of Rs 2.63 or 2.76%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total drop of 9.23% during this period. Additionally, it is trading below all its moving averages, indicating a bearish trend. Despite reporting positive quarterly results with the highest net sales and profit after tax, the company's long-term fundamentals are weak, highlighted by a significant negative CAGR in operating profits and a poor EBIT to interest ratio. This has contributed to the stock's overall decline of 38.31% over the past year, showcasing consistent underperformance against the benchmark.
In the broader market context, the Sensex has also seen a decline of 2.66% over the past week, but Lovable Lingerie's performance has been notably worse, with a 1-week return of -8.48%. The lifestyle sector, in which Lovable operates, has also fallen by 2.33%, reflecting a challenging environment. The stock's liquidity is adequate for trading, but a significant drop in delivery volume suggests waning investor interest. Overall, the combination of weak long-term fundamentals, recent poor performance, and a declining sector contributes to the stock's downward trajectory.