Why is Loyal Equipments falling/rising?

As of 19-Sep, Loyal Equipments Ltd is experiencing a decline in its stock price, currently at Rs 218.00, reflecting a decrease of -1.85 (-0.84%). The stock has been underperforming, having fallen for three consecutive days, resulting in a total decline of -2.22% during this period. Additionally, the stock's performance over the past month shows a significant drop of -12.89%, while it has underperformed the sector by -0.78% today. The company's financial metrics indicate a high management efficiency with a return on capital employed (ROCE) of 17.02% and a low debt-to-equity ratio of 0.41. However, the company has shown poor long-term growth, with net sales increasing at an annual rate of only 14.52% over the last five years, and its recent financial results have been flat, contributing to investor concerns.
Broader market context reveals that while the Sensex has gained +0.88% over the past week, Loyal Equipments Ltd has only managed a +1.40% return in the same timeframe, indicating a relative underperformance. Over the past year, the stock has generated a return of -23.84%, significantly worse than the broader market's decline of -1.96%. This stark contrast highlights the stock's struggles, particularly as it trades at a premium valuation with a price-to-book ratio of 4.6, despite its profits rising by 13.4%. The falling investor participation, evidenced by a -43.28% drop in delivery volume, further underscores the challenges facing the stock in attracting and retaining investor interest.