Why is Acme Resources falling/rising?

As of 16-Jul, Acme Resources Ltd is experiencing a decline in its stock price, currently at 41.23, reflecting a decrease of 0.77 or 1.83%. The stock has underperformed its sector by 1.6% today and has seen a consecutive fall over the last two days, resulting in a total decline of 2.28%. Despite a positive performance over the past week and month, with returns of 1.80% and 5.18% respectively, the stock has significantly underperformed over the year, with a return of -21.82%. The company is facing challenges, including operating losses and weak long-term growth, as indicated by a net sales decline of 7.17% annually and an operating profit decrease of 5.17%. Although profits have risen by 107% over the past year, the stock is trading at a premium compared to its peers, which may be contributing to investor hesitation.
In the broader market context, the stock's performance contrasts sharply with the benchmark, the Sensex, which has generated a return of 5.75% year-to-date. Acme Resources has not only underperformed the market over the past year but also shows a significant disparity in returns compared to the BSE500, which has yielded a positive return of 0.47%. The falling investor participation, as evidenced by a 51.83% drop in delivery volume, further indicates a lack of confidence among investors. Overall, the combination of weak fundamentals, high valuations relative to peers, and poor recent performance relative to the market contributes to the stock's current downward trajectory.