Why is Ace Integrated falling/rising?

As of 28-Jul, Ace Integrated Solutions Ltd is currently priced at 25.00, reflecting a slight increase of 0.1 or 0.4%. The stock has been trading below its moving averages across various time frames, indicating a bearish trend. In the past week, the stock has declined by 2.84%, and over the past month, it has fallen by 8.73%. The company has reported significant operating losses, with a negative profit after tax and a weak ability to service its debt, leading to a poor long-term fundamental strength. Despite a rise in delivery volume by nearly 80% on July 25, the overall performance remains concerning, with a return of -22.89% over the past year, indicating underperformance compared to broader market indices.
In the broader market context, the Sensex has experienced a decline of 1.63% over the past week, which suggests that the stock's short-term performance is worse than the benchmark. While Ace Integrated's stock has shown some investor participation, the overall sentiment remains negative due to its weak financials and poor profitability metrics. The stock's performance is further compounded by its underperformance against the BSE500 over the past three years, one year, and three months, highlighting a consistent trend of decline relative to the market.