Why is Ace Integrated falling/rising?

As of 08-Sep, Ace Integrated Solutions Ltd is currently priced at 24.10, reflecting an increase of 0.17 or 0.71%. The stock has shown a performance today that outperformed its sector by 1.88%. However, it is important to note that while the stock is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The stock has experienced a decline of 0.12% over the past month and a significant drop of 22.23% year-to-date. Additionally, the company has been facing operating losses, a weak ability to service its debt, and a negative EBITDA, which contribute to its overall weak long-term fundamental strength. The stock has consistently underperformed against the benchmark over the last three years, generating a return of -29.22% in the last year alone.
In the broader market context, the stock's short-term return of +1.43% over the past week outpaces the Sensex, which has increased by 0.60% in the same period. However, the stock's long-term performance remains concerning, with a decline of -31.63% over the past three years compared to a 39.18% gain in the benchmark. This consistent underperformance, coupled with falling investor participation and liquidity concerns, indicates a challenging environment for Ace Integrated Solutions Ltd, despite its recent price increase.