Why is Ace Integrated falling/rising?

As of 04-Sep, Ace Integrated Solutions Ltd is currently priced at 23.80, reflecting an increase of 0.2 or 0.85%. Despite this slight uptick today, the stock has shown a significant decline over the longer term, with a year-to-date drop of 23.20% and a one-year return of -28.76%. The stock is trading below its moving averages across all time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 969.67% compared to the five-day average, suggesting some renewed interest. The company faces challenges, including operating losses and a weak ability to service its debt, which contribute to its classification as a strong sell.
In the broader market context, Ace Integrated's short-term performance of +0.38% over the past week lags behind the Sensex, which has gained +0.95% in the same period. This underperformance is consistent with the company's long-term trend, as it has consistently generated negative returns compared to the benchmark over the last three years. The stock's weak fundamentals, including a negative EBITDA and low return on equity, further exacerbate its struggles in a market that has shown resilience, as evidenced by the Sensex's positive returns.