Why is Loyal Equipments falling/rising?

As of 05-Sep, Loyal Equipments Ltd is experiencing a price increase, currently at Rs 212.50, reflecting a rise of Rs 6.25 or 3.03%. Today's price summary indicates that the stock opened with a gain of 3.22% and reached an intraday high of Rs 215.55, outperforming its sector by 3.09%. However, the stock has shown a significant decline over the past month, with a return of -24.47%, and a year-to-date return of -22.73%. Despite these negative trends, the company benefits from high management efficiency, evidenced by a return on capital employed (ROCE) of 17.02% and a low debt-to-equity ratio of 0.41. Nevertheless, concerns about poor long-term growth persist, as net sales have only grown at an annual rate of 14.52% over the last five years, and the stock is trading at a high price-to-book value of 4.5.
Broader market context shows that while Loyal Equipments has outperformed its sector today, it has underperformed the benchmark index over the past year, with a return of -29.65% compared to the BSE500's -4.41%. This stark contrast highlights the stock's struggles despite a recent uptick in investor participation, as evidenced by a 79.85% increase in delivery volume. The stock's performance over the last three years has been strong, with a return of +574.60%, but the recent flat results and high valuation metrics suggest that investors remain cautious about its future prospects.