Why is Ace Integrated falling/rising?

As of 05-Sep, Ace Integrated Solutions Ltd is currently priced at 23.93, reflecting an increase of 0.13 or 0.55%. Despite this slight uptick today, the stock has shown a negative trend over the past month, with a decline of 2.41%. The stock has also underperformed significantly over the year, with a return of -28.35%. Today's performance indicates that it has outperformed its sector by 3.24%, but it is trading below several moving averages, indicating potential weakness. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 41.73% compared to the 5-day average. The company faces challenges such as operating losses, a weak ability to service debt, and a low return on equity, which contribute to its overall weak long-term fundamental strength.
In the broader market context, the stock's short-term performance of +0.55% over the past week is less than the Sensex's gain of +1.29%, indicating that it is still lagging behind the benchmark despite today's increase. Over the longer term, Ace Integrated Solutions has consistently underperformed against the benchmark, with a staggering -28.78% return over the past three years compared to the Sensex's +40.05%. This consistent underperformance, combined with negative EBITDA and declining profitability, suggests that while there may be minor fluctuations in price, the overall outlook for the stock remains weak relative to the market.