Why is Aaron Industries falling/rising?

As of 16-Sep, Aaron Industries Ltd is experiencing a decline in its stock price, currently at Rs 199.17, which reflects a decrease of 0.9 or 0.45%. The stock is trading close to its 52-week low, just 1.54% away from Rs 196.1, and has underperformed its sector by 0.87%. Additionally, it is trading below all key moving averages, indicating a bearish trend. The stock has shown significant underperformance over various periods, with a 1-week return of -2.10%, a 1-month return of -56.36%, and a year-to-date return of -43.88%. Despite having a high return on capital employed (ROCE) of 18.89% and healthy long-term growth in net sales, the recent quarterly results have been disappointing, with a 48.5% drop in profit after tax compared to the previous four-quarter average.
In the broader market context, Aaron Industries' performance has been notably weaker than the benchmark, with the Sensex gaining 1.49% over the past week while the stock has declined. This trend of underperformance is consistent over longer periods, as the stock has generated a return of -26.34% over the past year, contrasting sharply with the Sensex's slight decline of -0.57%. The falling investor participation, evidenced by a 22.11% drop in delivery volume, further exacerbates the stock's challenges. Overall, the combination of poor recent financial performance, significant underperformance relative to the market, and declining investor interest contributes to the stock's downward movement.