Why is Aeroflex falling/rising?

As of 21-Aug, Aeroflex Industries Ltd is experiencing a decline in its stock price, currently at 184.00, which represents a decrease of 2.25 or 1.21%. The stock has underperformed its sector by 0.97% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 1.6% during this period. Over the past week, the stock has shown a slight increase of 0.33%, but it has significantly underperformed over the past month with a decline of 10.70%. Additionally, the company has reported negative financial results for the quarter ending June 25, with substantial drops in profit before tax, profit after tax, and net sales compared to previous averages. The stock's valuation appears expensive with a high Price to Book Value ratio, and the recent decrease in institutional investor participation may also be contributing to the stock's downward movement.
In the broader market context, the Sensex has increased by 1.74% over the past week, contrasting with Aeroflex's modest gain, indicating that the stock is lagging behind the overall market performance. While the stock has generated a return of 7.76% over the past year, it has not kept pace with the benchmark's growth, which has risen by 1.35%. The company's low debt-to-equity ratio is a positive aspect; however, the overall poor long-term growth prospects and falling investor participation suggest a lack of confidence among investors, further contributing to the stock's decline.