Why is Ace Integrated falling/rising?

As of 24-Jun, Ace Integrated Solutions Ltd is currently priced at 25.16, reflecting an increase of 0.24 or 0.96%. Despite this slight uptick, the stock has shown significant underperformance, with a 1-week return of -8.14% and a year-to-date decline of -18.81%. Today's trading performance indicates that the stock underperformed its sector by 0.67%, and it is currently trading higher than its 100-day moving average but lower than its 5-day, 20-day, 50-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 25.5% compared to the 5-day average. The company's financial health is concerning, as it has reported operating losses and a weak ability to service its debt, evidenced by a poor EBIT to Interest ratio of -1.30 and a low return on equity of 3.25%.
In the broader market context, the stock has consistently underperformed against the benchmark, with a 1-year return of -26.13% compared to the Sensex's gain of 6.40%. This trend of underperformance has persisted over the last three years, indicating a lack of investor confidence. The negative financial results, including a significant drop in net sales and a negative EBITDA, further contribute to the stock's risk profile. Overall, while there is a minor increase in the stock price today, the underlying fundamentals and market conditions suggest a challenging environment for Ace Integrated Solutions Ltd, leading to a cautious outlook for investors.