Why is Lykis falling/rising?

As of 04-Jul, Lykis Ltd's stock price is currently at 38.99, reflecting a decrease of 0.61, or 1.54%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 6.07% during this period. Despite a strong performance over the past week and month, with returns of 9.89% and 13.67% respectively, the stock has significantly underperformed over the last year, showing a decline of 27.64%. The company's financials indicate a high debt situation with weak long-term fundamental strength, as evidenced by a low Return on Capital Employed and a substantial drop in profits. Additionally, the falling investor participation, with a 70.69% decrease in delivery volume, suggests waning interest among investors.
In the broader market context, while the Sensex has shown a positive return of 3.01% over the past month, Lykis Ltd's performance has been notably weaker, indicating a divergence from market trends. The stock's year-to-date performance is also concerning, with a decline of 10.78% compared to the benchmark's gain of 6.77%. This underperformance, coupled with the company's high debt and declining profitability, contributes to a negative outlook for the stock, reinforcing its status as a strong sell in the current market environment.