Why is Aakash Explor. falling/rising?

As of 21-Jul, Aakash Exploration Services Ltd is experiencing a decline in its stock price, currently at 10.04, which reflects a decrease of 0.13 or 1.28%. The stock has shown mixed performance in recent periods, with a slight increase of 0.10% over the past week, but a significant drop of 17.84% over the last month. Despite outperforming its sector by 0.99% today, the stock's long-term performance has been concerning, with a year-to-date decline of 1.57% and a staggering 26.55% drop over the past year. The company's return on capital employed (ROCE) stands at 10.5%, indicating fair valuation, but its profits have plummeted by 70.3% over the past year, contributing to negative sentiment around the stock.
In the broader market context, the stock has underperformed compared to the benchmark, with the Sensex showing a modest gain of 6.12% year-to-date, while Aakash Exploration has struggled. The company's weak long-term fundamentals, highlighted by a -19.11% compound annual growth rate in operating profits over the last five years, further exacerbate its challenges. Additionally, the flat results reported for December 2024, including a 42.07% decline in profit after tax and an 8.2% drop in net sales, underscore the ongoing difficulties faced by the company. Overall, the combination of poor financial performance and underwhelming market returns has led to a negative outlook for Aakash Exploration Services Ltd.