Why is Ace Integrated falling/rising?

As of 29-Aug, Ace Integrated Solutions Ltd is experiencing a slight increase in its stock price, currently at 23.80, reflecting a change of 0.09 or 0.38% upward. Despite this minor uptick, the stock has shown a significant decline over the past month, with a return of -4.49%, and a year-to-date drop of -23.20%. Today's performance indicates that the stock has outperformed its sector by 1.3%, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 69.12% compared to the 5-day average. The company's financial health is concerning, with operating losses and a weak ability to service its debt, reflected in 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's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 0.25% over the past week, which has declined by 1.78%. However, the long-term outlook remains bleak, with the stock underperforming the benchmark over the past three years and generating a return of -30.41% in the last year, while the Sensex has gained 3.31%. This consistent underperformance, combined with the company's negative EBITDA and significant profit decline of 234% over the past year, contributes to a perception of risk among investors, further impacting the stock's price movement.