Why is Lyka Labs falling/rising?

As of 24-Sep, Lyka Labs Ltd is experiencing a decline in its stock price, currently at 99.00, reflecting a decrease of 0.84 or 0.84%. The stock has underperformed its sector today by 0.39% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of -1.00%, and its performance over the last month is down by 2.46%. Despite these declines, there are positive indicators such as a high management efficiency with a return on capital employed (ROCE) of 17.59% and consistent profit growth, with operating profit increasing at an annual rate of 33.02%. However, the company also faces challenges, including a high debt-to-equity ratio of 2.75, which raises concerns about its financial stability.
In the broader market context, Lyka Labs' recent performance has been slightly better than the benchmark Sensex, which has declined by 1.18% over the past week. However, the stock has consistently underperformed against the benchmark over the last three years, with a significant year-to-date decline of 37.60% compared to the Sensex's gain of 4.58%. This consistent underperformance, coupled with high debt levels, may contribute to investor caution, despite the company's strong profit growth and fair valuation relative to peers.