Why is Lykis falling/rising?

As of 08-Jul, Lykis Ltd's stock price is currently at 36.57, reflecting a decline of 0.54, or 1.46%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total drop of 11.9% during this period. In terms of returns, Lykis has experienced a significant decline of 29.81% over the past year, while its profits have decreased by 12.9%. The company's high debt levels, indicated by a poor debt-to-equity ratio and low return on capital employed, further contribute to its weak long-term fundamental strength. Additionally, the stock is trading at a discount compared to its peers, but this has not translated into positive price movement, as evidenced by the falling investor participation and a notable drop in delivery volume.
In the broader market context, Lykis Ltd's performance has been notably worse than the benchmark, with the Sensex showing a slight increase of 0.02% over the past week, while Lykis has dropped by 8.25%. This underperformance is further highlighted by the stock's year-to-date decline of 16.32%, contrasting sharply with the Sensex's gain of 7.13%. The overall market has been more favorable, as indicated by the BSE500's positive returns of 1.98% over the last year, while Lykis has struggled to keep pace, leading to a sentiment that may be driving the stock lower.