Why is Aakash Explor. falling/rising?

As of 16-Jul, Aakash Exploration Services Ltd is experiencing a decline in its stock price, currently at 10.23, which reflects a decrease of 0.05 or 0.49%. The stock has underperformed its sector by 0.6% today and, while it is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, it remains below its 20-day moving average. Over the past week, the stock has decreased by 0.87%, but it has shown a positive return of 9.88% over the last month. Despite this recent uptick, the stock has significantly underperformed over the past year with a return of -26.61%, coinciding with a drastic profit decline of 70.3%. The company's weak long-term fundamentals, indicated by a -19.11% CAGR growth in operating profits over the last five years, further contribute to the negative sentiment surrounding the stock.
In the broader market context, the stock's performance contrasts with the Sensex, which has generated a return of 1.06% over the past month and 2.43% over the past year. The stock's negative trajectory is compounded by its flat results for the quarter ending December 24, where net sales fell by 8.2% and profit after tax decreased by 42.07%. The company’s return on equity of 7.85% indicates low profitability, and with a fair valuation based on its return on capital employed, the stock is trading at a discount compared to its peers. Overall, the combination of weak financial performance, underwhelming returns relative to the market, and negative growth trends contribute to the stock's current decline.