Why is Aeroflex Enter. falling/rising?

As of 01-Jul, Aeroflex Enterprises Ltd is currently priced at 101.00, reflecting a decrease of 2.74 (-2.64%). The stock has underperformed its sector by 1.78% today and has experienced a trend reversal after five consecutive days of gains. It reached an intraday low of Rs 100.95, indicating a decline of 2.69%. Over the past week, the stock has shown a return of 6.32%, and over the past month, it has increased by 15.32%. However, despite these gains, the stock has a year-to-date return of -3.44%, and its profits have fallen significantly by 79.4% over the past year, which may contribute to the current price decline. Additionally, the falling investor participation, with a decrease in delivery volume, suggests waning interest among investors.
In the broader market context, while Aeroflex has outperformed the BSE500 in the long term, its recent performance contrasts with the benchmark's 2.00% gain over the past week and 2.76% over the past month. The stock's current valuation appears attractive with a Price to Book Value of 1.6, and it has demonstrated strong long-term fundamental strength with an average Return on Equity (ROE) of 17.13%. However, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's current price or business outlook. This combination of strong long-term performance but recent profit declines and reduced investor participation likely explains the stock's current downward movement.