Why is Aakash Explor. falling/rising?

As of 18-Jul, Aakash Exploration Services Ltd is experiencing a decline in its stock price, currently at 10.17, reflecting a change of -0.12 or -1.17%. The stock has underperformed its sector by 1.13% today, despite being higher than its 5-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 1.19%, but it has significantly underperformed over the last year with a return of -27.82%. The company's profits have fallen sharply by 70.3%, contributing to its weak long-term fundamental strength, as indicated by a -19.11% CAGR growth in operating profits over the last five years. Furthermore, the stock is trading at a discount compared to its peers' average historical valuations, which may not be enough to offset the negative sentiment surrounding its declining profitability.
In the broader market context, the stock's performance has been notably worse than the benchmark, with the Sensex showing a slight gain of 0.68% over the past year, while Aakash Exploration has faced a substantial decline. This stark contrast highlights the company's struggles relative to the overall market, as it has consistently underperformed, particularly in the last year where the BSE500 generated negative returns of -0.36%. The combination of weak financial results, declining profits, and a lack of investor confidence has contributed to the stock's downward trajectory, making it a strong sell in the current market environment.