Why is Lux Industries falling/rising?

As of 25-Aug, Lux Industries Ltd is currently priced at 1,306.50, reflecting a slight increase of 0.8 (0.06%). The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.69%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Over the past week, the stock has decreased by 1.99%, and it has significantly underperformed the market with a year-to-date decline of 34.94%. The company's low debt-to-equity ratio of 0.06 times is a positive aspect, but it faces challenges with poor long-term growth, as evidenced by a -0.96% annual operating profit growth over the last five years and a substantial -44.24% return over the past year.
In the broader market context, the Sensex has experienced a slight increase of 0.45% over the past week, contrasting with Lux Industries' decline. This underperformance is further highlighted by the stock's negative returns over various periods, including a -6.91% drop in the last month and a -26.03% decline over the past three years, while the Sensex has gained 38.90% during the same timeframe. The low participation from domestic mutual funds, holding only 0.32% of the company, suggests a lack of confidence in the stock's valuation, which is considered expensive relative to its peers. Overall, while there is a minor uptick in the stock price today, the long-term outlook remains concerning, contributing to its overall downward trajectory.