Why is Aakash Explor. falling/rising?

As of 30-Jun, Aakash Exploration Services Ltd's stock price is currently at 10.37, reflecting a decrease of 0.55, or 5.04%. The stock has underperformed its sector today by 4.38%, and while it is trading above its 20, 50, 100, and 200-day moving averages, it is below its 5-day moving average. Over the past week, the stock has seen a significant decline of 22.15%, and its year-to-date return stands at a modest 1.67%. However, the stock has generated a negative return of 19.49% over the last year, coinciding with a substantial drop in profits by 70.3%. The company has weak long-term fundamentals, evidenced by a -19.11% CAGR growth in operating profits over the last five years, which contributes to the stock's downward movement.
In the broader market context, the stock has significantly underperformed compared to the benchmark, with the BSE 500 generating a return of 3.95% over the past year while Aakash Exploration has declined by 19.49%. This stark contrast highlights the challenges the company faces in attracting investor confidence, particularly given the falling investor participation and a complete drop in delivery volume on June 27. The stock's fair valuation and discount compared to peers may not be enough to offset the negative sentiment stemming from its weak profitability metrics and declining sales figures. Overall, the combination of poor financial performance and market underperformance has led to the current decline in Aakash Exploration's stock price.