Why is Aaron Industries falling/rising?

As of 17-Sep, Aaron Industries Ltd is experiencing a decline in its stock price, currently at Rs 198.55, which reflects a decrease of -0.62 or -0.31%. The stock has underperformed its sector by 0.54% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has dropped by 1.82%, and its performance over the last month shows a significant decline of 56.49%. Despite a high management efficiency with a return on capital employed (ROCE) of 18.89% and healthy long-term growth in net sales, the company reported flat results in June, with a substantial drop in profit after tax (PAT) by 48.5% compared to the previous four-quarter average. This underperformance, coupled with a high valuation compared to peers, has contributed to the stock's negative movement.
In the broader market context, the Sensex has gained 1.43% over the past week, contrasting sharply with Aaron Industries' decline. The stock's year-to-date performance shows a decrease of 44.05%, while the benchmark has risen by 7.13% during the same period. This stark difference highlights the stock's struggles relative to the overall market. Additionally, while there has been a notable increase in investor participation, with delivery volume rising by 152.77%, the overall sentiment remains negative due to the company's recent financial results and its underperformance against both the BSE500 and historical benchmarks.