Why is Ace Integrated falling/rising?

As of 12-Aug, Ace Integrated Solutions Ltd is experiencing a decline in its stock price, currently at 23.99, which reflects a decrease of 0.11 or 0.46%. The stock has underperformed its sector by 0.45% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 79.54% compared to the 5-day average. Over the past year, the stock has generated a return of -27.50%, which is substantially worse than the benchmark's return of -2.11%. The company is also facing operational challenges, including negative EBITDA and weak long-term fundamental strength, highlighted by an average EBIT to Interest ratio of -1.30 and a low return on equity of 3.25%.
In the broader market context, while the Sensex has shown a slight decline of 0.67% over the past week, Ace Integrated's performance has been notably worse, with a 1-week return of -2.16%. This trend of underperformance is consistent over longer periods, as the stock has fallen by 22.59% year-to-date, compared to a 3.56% increase in the benchmark. The company's negative financial results, including a significant drop in net sales and operating losses, further exacerbate its weak position in the market. Overall, the combination of poor financial performance, declining investor interest, and a lack of positive momentum in comparison to the broader market contributes to the stock's downward trajectory.